Housing Whitefish Inc

Analysis

Housing Whitefish Inc is a registered charity in United States, based in Whitefish, MT. It received its IRS tax-exemption ruling in June 2005, 21 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 June 2024, Housing Whitefish Inc reported income of $1.8m and spending of $267k, leaving 85% of income unspent that year. Across the 3 years on record, from December 2022 to June 2024, income grew from $171k to $1.8m (+939%), an average of +222% a year. The sharpest change came in the year to June 2024, when income rose by 1634%. Over the whole period it spent 16% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Housing Whitefish Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within MT. Charities of a similar size with the same main cause include Mainstream Housing Inc ($1.8m), Brownsville Partnership Inc ($1.8m) and De Sales Assisted Living Development Corp ($1.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $72k (27% of expenses). At year end it held assets of $1.7m against liabilities of $1,698, net assets of $1.7m. It reported 1 employees.