Wayfinders Ohio Inc

Analysis

Wayfinders Ohio Inc is a registered charity in United States, based in Mansfield, OH. It received its IRS tax-exemption ruling in May 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 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, Wayfinders Ohio Inc reported income of $1.2m and spending of $903k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $426k to $1.2m (+173%), an average of +28% a year. The sharpest change came in the year to December 2020, when income rose by 58%. Over the whole period it spent 88% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Wayfinders Ohio Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within OH. Charities of a similar size with the same main cause include Arizona Housing Development Corporation ($1.2m), California League Fresno Village ($1.2m) and Haven House of Montrose Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $79k (8.7% of expenses). Other salaries and wages came to $347k. At year end it held assets of $1.6m against liabilities of $33k, net assets of $1.6m. It reported 24 employees.