The Halfway Houses of Westchester Foundation Inc

Analysis

The Halfway Houses of Westchester Foundation Inc is a registered charity in United States, based in White Plains, NY. It received its IRS tax-exemption ruling in October 1986, 40 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Halfway Houses of Westchester Foundation Inc reported income of $66k and spending of $49k, leaving 25% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $5,190 to $66k (+1162%), an average of +255% a year. The sharpest change came in the year to December 2023, when income rose by 404%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Halfway Houses of Westchester Foundation Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within NY. Charities of a similar size with the same main cause include Friends of the FRG ($66k), Renton Sailing Club Incorporated ($66k) and PTA California Congress of Parents Teachers & Students Inc ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $110k against liabilities of $0, net assets of $110k.