The Coachella Valley Housing Coalition
Analysis
The Coachella Valley Housing Coalition is a registered charity in United States, based in Indio, CA. It received its IRS tax-exemption ruling in July 1983, 43 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 September 2023, The Coachella Valley Housing Coalition reported income of $24.4m and spending of $21.7m, spending 89% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $16.4m to $24.4m (+49%), an average of +10% a year. The sharpest change came in the year to September 2023, when income rose by 24%. Over the whole period it spent 95% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, The Coachella Valley Housing Coalition 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 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Rebuilding Together Inc ($24.3m), Stoddard Baptist Global Care ($24.7m) and Mirabella at South Waterfront ($24.3m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 21% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $254k (1.2% of expenses). Other salaries and wages came to $4.2m. At year end it held assets of $162.4m against liabilities of $74.2m, net assets of $88.3m. It reported 45 employees.
Income and spending
Where the income comes from
- Contributions & grants 21%
- Program services 77%
- Other 2.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Rebuilding Together Inc | Washington | $24.3m |
| Stoddard Baptist Global Care | Washington | $24.7m |
| Mirabella at South Waterfront | Portland | $24.3m |
| Educational Housing Services Inc | Brooklyn | $24.8m |