Wasmver Development Corp

Analysis

Wasmver Development Corp is a registered charity in United States, based in Blacklick, OH. It received its IRS tax-exemption ruling in November 1989, 37 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, Wasmver Development Corp reported income of $162k and spending of $147k, spending 91% of its income. Across the 2 years on record, from April 2023 to April 2024, income grew from $159k to $162k (+1.9%), an average of +1.9% a year. Over the whole period it spent 83% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Wasmver Development Corp sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within OH. Charities of a similar size with the same main cause include Heritage Corporation of Loris ($162k), Vets Advocacy Inc ($162k) and Acadiana Assisted Healthcare Inc ($162k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 75% and program service revenue 23% of the total. At year end it held assets of $511k against liabilities of $639k, net assets of -$128k.