WP Housing Company Inc

Analysis

WP Housing Company Inc is a registered charity in United States, based in White Plains, NY. It received its IRS tax-exemption ruling in October 2011, 15 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, WP Housing Company Inc reported income of $832k and spending of $893k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $837k to $832k (-0.6%), an average of -0.1% a year. The sharpest change came in the year to December 2020, when income rose by 54%. Over the whole period it spent 57% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, WP Housing Company Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Napa Park Homes Inc ($832k), Randallstown Non-Profit Housing Corp ($832k) and Converse County Senior Housing Incorporated ($832k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $5,000 (0.6% of expenses). At year end it held assets of $19.3m against liabilities of $1.0m, net assets of $18.2m.