Wayside Housing Corporation

Analysis

Wayside Housing Corporation is a registered charity in United States, based in Avon, OH. It received its IRS tax-exemption ruling in November 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 December 2023, Wayside Housing Corporation reported income of $469k and spending of $428k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $522k to $469k (-10%), an average of -2.7% a year. Over the whole period it spent 85% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Wayside Housing Corporation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within OH. Charities of a similar size with the same main cause include Change Happens CDC ($469k), St Theresa Village Inc ($469k) and Great Falls Housing Corporation ($469k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. At year end it held assets of $3.1m against liabilities of $1.5m, net assets of $1.6m.