Homeless Paradise

Analysis

Homeless Paradise is a registered charity in United States, based in Stafford, VA. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Paradise reported income of $67k and spending of $61k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $67k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Homeless Paradise sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 26th percentile within VA. Charities of a similar size with the same main cause include Lewellen Tiger Den ($67k), 2xtreme Foundation Inc ($67k) and Creative Housing II Beechwood Inc ($67k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3,623 against liabilities of $0, net assets of $3,623.