Union Station Homeless Services

Analysis

Union Station Homeless Services is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in August 1987, 39 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 June 2023, Union Station Homeless Services reported income of $33.4m and spending of $34.8m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $18.1m to $33.4m (+84%), an average of +16% a year. The sharpest change came in the year to June 2020, when income rose by 33%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Union Station Homeless Services 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 Adelbrook Inc ($33.4m), Kessler Foundation Inc ($33.5m) and Life Concepts Inc ($33.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $1.1m (3.1% of expenses). Other salaries and wages came to $17.1m. It paid $81k in professional fundraising fees. At year end it held assets of $37.4m against liabilities of $9.3m, net assets of $28.1m. It reported 347 employees.