Williamsport Home

Analysis

Williamsport Home is a registered charity in United States, based in Williamsport, PA. It received its IRS tax-exemption ruling in September 1946, 80 years ago. 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, Williamsport Home reported income of $18.9m and spending of $20.1m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $18.0m to $18.9m (+4.8%), an average of +1.2% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Williamsport Home sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within PA. Charities of a similar size with the same main cause include Jupiter Christian School Inc ($18.9m), Philadelphia School ($18.9m) and Coalition for the Homeless Inc ($18.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 96% of the total. Other salaries and wages came to $7.6m. At year end it held assets of $18.8m against liabilities of $5.2m, net assets of $13.7m. It reported 299 employees.

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.