Whitewater College Programs Inc

Analysis

Whitewater College Programs Inc is a registered charity in United States, based in Connersville, IN. It received its IRS tax-exemption ruling in September 1993, 33 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Whitewater College Programs Inc reported income of $199k and spending of $161k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $252k to $199k (-21%), an average of -5.7% a year. The sharpest change came in the year to December 2020, when income dropped by 27%. Over the whole period it spent 113% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Whitewater College Programs Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within IN. Charities of a similar size with the same main cause include Northern Virginia Hockey Club ($199k), Heritage Acres Memorial Sanctuary LLC ($199k) and The Rabbi Dr Leo Jung Memorial Fund ($199k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.9% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $40k (25% of expenses). Other salaries and wages came to $52k. At year end it held assets of $97k against liabilities of $1,225, net assets of $96k. It reported 10 employees.