Westfield Housing Corporation

Analysis

Westfield Housing Corporation is a registered charity in United States, based in New Castle, PA. It received its IRS tax-exemption ruling in September 1994, 32 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Westfield Housing Corporation reported income of $62k and spending of $72k, spending 116% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $61k to $62k (+1.4%), an average of +1.4% a year. Over the whole period it spent 120% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Westfield Housing Corporation sits at the 14th percentile: it is larger than about 14% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within PA. Charities of a similar size with the same main cause include Rivercrest Commons Housing Development Fund Company Inc ($62k), Allies Homes 2004 Inc ($62k) and Roseland Place NFP ($62k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 47% of the total. At year end it held assets of $371k against liabilities of $347k, net assets of $25k.