Walker Senior Housing Corporation III

Analysis

Walker Senior Housing Corporation III is a registered charity in United States, based in Alexandria, MN. It received its IRS tax-exemption ruling in May 1989, 37 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, Walker Senior Housing Corporation III reported income of $3.3m and spending of $2.9m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $3.3m (+18%), an average of +4.2% a year. Over the whole period it spent 86% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Walker Senior Housing Corporation III sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MN. Charities of a similar size with the same main cause include Teaneck Senior Citizens Housing ($3.3m), Design Outreach Inc ($3.3m) and Rotary Plaza-Hacsc HDC Inc ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 97% of the total. Other salaries and wages came to $862k. At year end it held assets of $7.7m against liabilities of $10.1m, net assets of -$2.4m.