Wesley at Paris Inc

Analysis

Wesley at Paris Inc is a registered charity in United States, based in Cordova, TN. It received its IRS tax-exemption ruling in February 2002, 24 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, Wesley at Paris Inc reported income of $185k and spending of $217k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $162k to $185k (+14%), an average of +3.4% a year. Over the whole period it spent 130% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Wesley at Paris Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 53rd percentile within TN. Charities of a similar size with the same main cause include Asi-Jamestown Inc ($185k), West Virginia Ministry of Advocacy and Workcamp Inc ($185k) and Las Vegas Supportive Housing Inc ($184k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 43% of the total. Other salaries and wages came to $15k. At year end it held assets of $864k against liabilities of $1.7m, net assets of -$804k.

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.