White Horse Village Inc

Analysis

White Horse Village Inc is a registered charity in United States, based in Newtown SQ, PA. It received its IRS tax-exemption ruling in March 1988, 38 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 December 2023, White Horse Village Inc reported income of $41.9m and spending of $38.5m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $39.9m to $41.9m (+4.8%), an average of +1.2% a year. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, White Horse Village Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within PA. Charities of a similar size with the same main cause include Valley of the Sun Young Mens Christian Association ($41.7m), St Pauls Episcopal Home Inc ($41.9m) and Chimes Inc ($41.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $1.2m (3.2% of expenses). Other salaries and wages came to $12.2m. At year end it held assets of $151.1m against liabilities of $115.9m, net assets of $35.2m. It reported 577 employees.