Willows at Melvin Place

Analysis

Willows at Melvin Place is a registered charity in United States, based in Everett, WA. It received its IRS tax-exemption ruling in July 2009, 17 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2024, Willows at Melvin Place reported income of $100k and spending of $152k, spending 152% of what it took in. Across the 5 years on record, from April 2020 to April 2024, income grew from $84k to $100k (+20%), an average of +4.6% a year. Over the whole period it spent 157% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Willows at Melvin Place sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 33rd percentile within WA. Charities of a similar size with the same main cause include Bell Tower North Inc ($100k), Fancy Farm Elderly Housing Corporation II ($100k) and Gibb Cairo Village Incorporation ($100k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 61% and program service revenue 39% of the total. Other salaries and wages came to $9,119. At year end it held assets of $1.5m against liabilities of $2.2m, net assets of -$698k.

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.