Wanskuck Housing Corporation

Analysis

Wanskuck Housing Corporation is a registered charity in United States, based in Warwick, RI. It received its IRS tax-exemption ruling in January 1980, 46 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wanskuck Housing Corporation reported income of $617k and spending of $377k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $306k to $617k (+101%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 87%. Over the whole period it spent 59% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wanskuck Housing Corporation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within RI. Charities of a similar size with the same main cause include Desert Manna ($617k), Schwaben Athletic Club ($617k) and Alabama School of Fine Arts Foundation Inc ($617k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $2.0m against liabilities of $65k, net assets of $1.9m.