Weaverland Mennonite Homes

Analysis

Weaverland Mennonite Homes is a registered charity in United States, based in Denver, PA. It received its IRS tax-exemption ruling in October 2008, 18 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, Weaverland Mennonite Homes reported income of $3.3m and spending of $3.2m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $3.3m (+46%), an average of +9.9% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 80% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Weaverland Mennonite Homes sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within PA. Charities of a similar size with the same main cause include Family Extended Care of Central Tampa Inc ($3.3m), Lords Legacy Life Ministries Inc ($3.3m) and Fern Lodge Inc ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $150k (4.7% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $7.2m against liabilities of $0, net assets of $7.2m. It reported 90 employees.