Council for the Homeless

Analysis

Council for the Homeless is a registered charity in United States, based in Vancouver, WA. It received its IRS tax-exemption ruling in March 2000, 26 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, Council for the Homeless reported income of $19.1m and spending of $13.4m, leaving 30% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $3.1m to $19.1m (+514%), an average of +44% a year. The sharpest change came in the year to December 2020, when income rose by 205%. Over the whole period it spent 87% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Council for the Homeless sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within WA. Charities of a similar size with the same main cause include Charities Housing Development Corp of Santa Clara County ($19.1m), Midwest Housing Equity Group Inc ($19.2m) and Jericho Project ($19.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $198k (1.5% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $15.9m against liabilities of $2.5m, net assets of $13.4m.