Williamstown Elderly Housing Corp

Analysis

Williamstown Elderly Housing Corp is a registered charity in United States, based in Pittsfield, MA. It received its IRS tax-exemption ruling in August 1978, 48 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, Williamstown Elderly Housing Corp reported income of $908k and spending of $840k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $838k to $908k (+8.4%), an average of +2.0% a year. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Williamstown Elderly Housing Corp sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within MA. Charities of a similar size with the same main cause include Hope House Foundation Inc ($908k), National Housing Endowment a Nonprofit Corporation ($908k) and Foundation for Rural Housing Inc ($908k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $161k. At year end it held assets of $1.8m against liabilities of $1.7m, net assets of $78k.