Wesley House Community Corporation Inc

Analysis

Wesley House Community Corporation Inc is a registered charity in United States, based in Uppr Chichstr, PA. It received its IRS tax-exemption ruling in July 1992, 34 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2023, Wesley House Community Corporation Inc reported income of $822k and spending of $889k, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $947k to $822k (-13%), an average of -3.5% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 115% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Wesley House Community Corporation 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 77th percentile, and in the 75th percentile within PA. Charities of a similar size with the same main cause include Grow Inc ($822k), Service Club of Chicago ($823k) and Nedc Riverfront Corp ($822k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 8.9% of the total. Other salaries and wages came to $316k. At year end it held assets of $2.4m against liabilities of $627k, net assets of $1.8m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.