Westland Community Housing Corporation

Analysis

Westland Community Housing Corporation is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in March 2001, 25 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, Westland Community Housing Corporation reported income of $70k and spending of $94k, spending 135% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $89k to $70k (-22%), an average of -6.0% a year. The sharpest change came in the year to June 2023, when income dropped by 22%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Westland Community Housing Corporation sits at the 15th percentile: it is larger than about 15% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 36th percentile within MA. Charities of a similar size with the same main cause include Gates County Housing Committee ($70k), Todd Worldwide Ministries ($70k) and Abilities at Morningside II Inc ($70k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $1.4m against liabilities of $1.5m, net assets of -$134k.