Wesley Asi of Northern Virginia

Analysis

Wesley Asi of Northern Virginia is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in June 2004, 22 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wesley Asi of Northern Virginia reported income of $244k and spending of $286k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $237k to $244k (+3.1%), an average of +0.8% a year. Over the whole period it spent 122% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Wesley Asi of Northern Virginia sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within VA. Charities of a similar size with the same main cause include Chickasaw Development Corporation ($244k), People S Resource Center ($244k) and Hogar Aurora Inc ($244k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $58k. At year end it held assets of $2.0m against liabilities of $3.0m, net assets of -$953k.

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.