Finish the Wall Inc

Analysis

Finish the Wall Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in May 2008, 18 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 December 2023, Finish the Wall Inc reported income of $176k and spending of $212k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $155k to $176k (+14%), an average of +3.2% a year. The sharpest change came in the year to December 2023, when income rose by 64%. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Finish the Wall Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NC. Charities of a similar size with the same main cause include Woodside Village III Inc ($176k), P B H Housing of Plainfield Inc ($176k) and Gering Elderly Housing Corporation ($176k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $180k against liabilities of $9,433, net assets of $170k.

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.