Washington Community Housing Trust Inc

Analysis

Washington Community Housing Trust Inc is a registered charity in United States, based in New Milford, CT. It received its IRS tax-exemption ruling in September 1988, 38 years ago. 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 2024, Washington Community Housing Trust Inc reported income of $430k and spending of $610k, spending 142% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $429k to $430k (+0.4%), an average of +0.1% a year. The sharpest change came in the year to June 2020, when income rose by 113%. Over the whole period it spent 124% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Washington Community Housing Trust Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 65th percentile within CT. Charities of a similar size with the same main cause include General Federation of Womens Club ($430k), Fermanian Family Foundation ($430k) and The Amelia S Givin Free Library ($430k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.2% and program service revenue 99% of the total. Other salaries and wages came to $10k. At year end it held assets of $3.3m against liabilities of $1.0m, net assets of $2.3m. It reported 1 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.