Whitley Place Inc Friendship Services Inc

Analysis

Whitley Place Inc Friendship Services Inc is a registered charity in United States, based in Russellville, AR. 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, Whitley Place Inc Friendship Services Inc reported income of $152k and spending of $180k, spending 119% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $157k to $152k (-3.2%), an average of -1.1% a year. Over the whole period it spent 103% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Whitley Place Inc Friendship Services Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within AR. Charities of a similar size with the same main cause include Asi Bledsoe Inc ($152k), Metropolitan Baptist Church Non Profit Housing Corporation ($152k) and Ovid Area Nonprofit Housing Association Inc ($152k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. Other salaries and wages came to $5,913. At year end it held assets of $787k against liabilities of $1.2m, net assets of -$385k.