Whitley Crossings Neighborhood Corporation

Analysis

Whitley Crossings Neighborhood Corporation is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in July 1996, 30 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 October 2023, Whitley Crossings Neighborhood Corporation reported income of $368k and spending of $249k, leaving 32% of income unspent that year. Across the 6 years on record, from June 2019 to October 2023, income grew from $188k to $368k (+96%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 243%. Over the whole period it spent 52% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Whitley Crossings Neighborhood Corporation sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within IN. Charities of a similar size with the same main cause include Community Housing Expansion of Austin ($368k), Mobridge Regional Health Care Foundation ($368k) and Drayton Pines Inc ($368k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 91% and program service revenue 8.6% of the total. Other salaries and wages came to $31k. At year end it held assets of $6.3m against liabilities of $3.5m, net assets of $2.8m.