Homeless Veteran Emergency Housing Facility

Analysis

Homeless Veteran Emergency Housing Facility is a registered charity in United States, based in E Palo Alto, CA. It received its IRS tax-exemption ruling in March 2000, 26 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 Veteran Emergency Housing Facility reported income of $1.6m and spending of $2.1m, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.8m to $1.6m (-11%), an average of -2.7% a year. The sharpest change came in the year to December 2022, when income dropped by 33%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Homeless Veteran Emergency Housing Facility sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Covenant for Life Child Development Center ($1.6m), Rockwood Lane ($1.6m) and Freedom Foods ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $196k (9.5% of expenses). Other salaries and wages came to $487k. At year end it held assets of $302k against liabilities of $570k, net assets of -$268k. It reported 12 employees.