Wayne Densch Center Inc

Analysis

Wayne Densch Center Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in August 1997, 29 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 June 2023, Wayne Densch Center Inc reported income of $495k and spending of $530k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income fell from $783k to $495k (-37%), an average of -11% a year. The sharpest change came in the year to June 2020, when income dropped by 26%. Over the whole period it spent 106% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Wayne Densch Center Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include National Church Residences ($495k), Hope House of St Croix Valley ($495k) and Booth Manor Inc ($494k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $82k (15% of expenses). Other salaries and wages came to $280k. At year end it held assets of $122k against liabilities of $80k, net assets of $42k. It reported 15 employees.

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.