Whosoever Gospel Mission and Res Cue Home Asso of Germantown

Analysis

Whosoever Gospel Mission and Res Cue Home Asso of Germantown is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in March 1941, 85 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Whosoever Gospel Mission and Res Cue Home Asso of Germantown reported income of $2.0m and spending of $1.9m, spending 97% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.4m to $2.0m (+45%), an average of +9.7% a year. The sharpest change came in the year to September 2021, when income rose by 45%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Whosoever Gospel Mission and Res Cue Home Asso of Germantown sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within PA. Charities of a similar size with the same main cause include Living Through Giving Foundation ($2.0m), New Path Couples Therapy Inc ($2.0m) and Her Future Coalition Inc ($2.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 95% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $81k (4.3% of expenses). Other salaries and wages came to $932k. At year end it held assets of $5.3m against liabilities of $178k, net assets of $5.2m. It reported 37 employees.