Barelas Community Coalition Inc

Analysis

Barelas Community Coalition Inc is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Barelas Community Coalition Inc reported income of $81k and spending of $95k, spending 118% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $266k to $81k (-70%), an average of -33% a year. The sharpest change came in the year to December 2022, when income dropped by 57%. Over the whole period it spent 138% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Barelas Community Coalition Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 27th percentile within NM. Charities of a similar size with the same main cause include Naomis Home Ministries ($81k), Springfield Community Land Trust ($81k) and Choctaw Atoka Properties Inc ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $122k against liabilities of $136k, net assets of -$14k.

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.