Ward Home Inc

Analysis

Ward Home Inc is a registered charity in United States, based in McKeesport, PA. It received its IRS tax-exemption ruling in May 1976, 50 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Ward Home Inc reported income of $2.6m and spending of $1.9m, leaving 26% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.5m to $2.6m (+78%), an average of +21% a year. The sharpest change came in the year to June 2023, when income rose by 51%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ward Home Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within PA. Charities of a similar size with the same main cause include All the Little Things Country ($2.6m), Big Brothers Big Sisters of Central New Mexico Donation Center Inc ($2.6m) and Christian Community Action Inc ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.5% and program service revenue 95% of the total. Other salaries and wages came to $779k. At year end it held assets of $3.7m against liabilities of $91k, net assets of $3.6m. It reported 29 employees.