Wainwright House Inc

Analysis

Wainwright House Inc is a registered charity in United States, based in Rye, NY. It received its IRS tax-exemption ruling in February 1947, 79 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 June 2023, Wainwright House Inc reported income of $276k and spending of $563k, spending 204% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $428k to $276k (-35%), an average of -14% a year. The sharpest change came in the year to June 2022, when income rose by 106%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wainwright House Inc 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 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Food Bank of Lincoln Foundation ($276k), Hmoob Cultural and Community Agency Inc ($276k) and Center of Hope Haiti Inc ($276k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Other salaries and wages came to $171k. At year end it held assets of $1.2m against liabilities of $767k, net assets of $392k. It reported 7 employees.