Homeless Id Project

Analysis

Homeless Id Project is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in July 1998, 28 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Homeless Id Project reported income of $375k and spending of $537k, spending 143% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $437k to $375k (-14%), an average of -3.8% a year. The sharpest change came in the year to December 2022, when income rose by 36%. Over the whole period it spent 107% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Homeless Id Project sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 63rd percentile within AZ. Charities of a similar size with the same main cause include United Methodist Center in Far Rockaway Inc ($374k), Central Presbyterian Foundation of Lafayette Ind Inc ($375k) and Church in Action Corp Germany ($374k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $65k (12% of expenses). Other salaries and wages came to $201k. At year end it held assets of $139k against liabilities of $22k, net assets of $117k. It reported 9 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.