Greater Westfield Mass Committee for the Homeless Inc

Analysis

Greater Westfield Mass Committee for the Homeless Inc is a registered charity in United States, based in Westfield, MA. It received its IRS tax-exemption ruling in October 2023, 3 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, Greater Westfield Mass Committee for the Homeless Inc reported income of $256k and spending of $468k, spending 183% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $401k to $256k (-36%), an average of -11% a year. The sharpest change came in the year to December 2023, when income dropped by 48%. Over the whole period it spent 116% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Greater Westfield Mass Committee for the Homeless Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within MA. Charities of a similar size with the same main cause include Accessible Housing Resources Inc ($256k), Arp Manor-Kings Mountain Inc ($256k) and National Rural Housing Coalition ($256k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.0% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $108k (23% of expenses). Other salaries and wages came to $196k. At year end it held assets of $265k against liabilities of $29k, net assets of $236k. It reported 18 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.