Westcott-Wilcox Old Peoples Home

Analysis

Westcott-Wilcox Old Peoples Home is a registered charity in United States, based in Danielson, CT. It received its IRS tax-exemption ruling in December 1944, 82 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Westcott-Wilcox Old Peoples Home reported income of $440k and spending of $416k, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $370k to $440k (+19%), an average of +4.4% a year. The sharpest change came in the year to September 2023, when income rose by 22%. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Westcott-Wilcox Old Peoples Home sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within CT. Charities of a similar size with the same main cause include Good Samaritan House of Granite City Inc ($440k), Winter Grove Inc ($440k) and Florida Resurrection House Inc ($440k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 3.0% and program service revenue 96% of the total. Other salaries and wages came to $252k. At year end it held assets of $383k against liabilities of $86k, net assets of $297k. It reported 14 employees.