Wesley Heights Inc

Analysis

Wesley Heights Inc is a registered charity in United States, based in Shelton, CT. It received its IRS tax-exemption ruling in December 1965, 61 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Wesley Heights Inc reported income of $5.9m and spending of $6.8m, spending 116% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $5.0m to $5.9m (+18%), an average of +4.1% a year. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wesley Heights Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within CT. Charities of a similar size with the same main cause include Bridges Community Treatment Services Inc ($5.9m), New Mexico Veterans Integration Centers ($5.9m) and Hospice of the Golden Isles Inc ($5.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 2.6% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $181k (2.7% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $16.4m against liabilities of $11.9m, net assets of $4.5m. It reported 101 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.