George Galen Wheeler House Inc

Analysis

George Galen Wheeler House Inc is a registered charity in United States, based in Warwick, RI. It received its IRS tax-exemption ruling in October 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 June 2023, George Galen Wheeler House Inc reported income of $59k and spending of $115k, spending 194% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income fell from $68k to $59k (-13%), an average of -4.6% a year. Over the whole period it spent 152% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, George Galen Wheeler House Inc sits at the 13th percentile: it is larger than about 13% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 20th percentile within RI. Charities of a similar size with the same main cause include LCPL Janos V Lutz Live to Tell Foundation Inc ($59k), Collaborative Development Corporation ($59k) and Community Apartments Corporation of Metrolina No 4 ($59k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. Other salaries and wages came to $20k. At year end it held assets of $1.0m against liabilities of $76k, net assets of $944k.

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.