Wesley Woods Senior Living Inc

Analysis

Wesley Woods Senior Living Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 August 2023, Wesley Woods Senior Living Inc reported income of $3.5m and spending of $3.5m, spending 99% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.7m to $3.5m (+29%), an average of +6.6% a year. The sharpest change came in the year to August 2021, when income rose by 96%. Over the whole period it spent 74% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Wesley Woods Senior Living Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within GA. Charities of a similar size with the same main cause include Muncie Mission Ministries Incorporated ($3.5m), State Street Housing Preservation Corporation ($3.5m) and Living Branches ($3.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 27% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $982k (28% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $12.0m against liabilities of $4.1m, net assets of $8.0m. It reported 361 employees.