Salvation Army Wahiawa Residences Inc

Analysis

Salvation Army Wahiawa Residences Inc is a registered charity in United States, based in RCH Palos VRD, CA. It received its IRS tax-exemption ruling in May 1991, 35 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 September 2023, Salvation Army Wahiawa Residences Inc reported income of $737k and spending of $755k, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $681k to $737k (+8.2%), an average of +2.0% a year. Over the whole period it spent 109% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Salvation Army Wahiawa Residences Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Finger Lakes Community Development Corporation ($736k), Passageways Ltd ($737k) and Vinokan Residence Corporation ($736k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 63% and program service revenue 34% of the total. Other salaries and wages came to $108k. At year end it held assets of $3.4m against liabilities of $129k, net assets of $3.3m. It reported 6 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.