William S Davies Homeless Shelter Inc

Analysis

William S Davies Homeless Shelter Inc is a registered charity in United States, based in Rome, GA. It received its IRS tax-exemption ruling in November 2021, 5 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, William S Davies Homeless Shelter Inc reported income of $344k and spending of $343k, spending 100% of its income. Across the 2 years on record, from June 2023 to December 2023, income fell from $576k to $344k (-40%), an average of -40% a year. The sharpest change came in the year to December 2023, when income dropped by 40%. Over the whole period it spent 104% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, William S Davies Homeless Shelter Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within GA. Charities of a similar size with the same main cause include Drachma Housing Inc ($344k), 2249 Webster Avenue HDFC ($344k) and Richard K Thompson Housing Inc ($344k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $251k. At year end it held assets of $848k against liabilities of $35k, net assets of $813k. It reported 24 employees.