Willo Housing Corporation

Analysis

Willo Housing Corporation is a registered charity in United States, based in West Allis, WI. It received its IRS tax-exemption ruling in December 1988, 38 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Willo Housing Corporation reported income of $102k and spending of $120k, spending 118% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $102k to $102k (-0.3%), an average of -0.1% a year. The sharpest change came in the year to December 2020, when income rose by 35%. Over the whole period it spent 118% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Willo Housing Corporation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within WI. Charities of a similar size with the same main cause include Housing Opportunities Corporation of Potter County ($102k), Trinity Homes Inc ($102k) and Ely Senior Housing Development Corp ($102k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Other salaries and wages came to $6,689. At year end it held assets of $364k against liabilities of $678k, net assets of -$314k.