Walker Assisted Living Corp I

Analysis

Walker Assisted Living Corp I is a registered charity in United States, based in Alexandria, MN. It received its IRS tax-exemption ruling in August 1995, 31 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 Assisted Living Corp I reported income of $6.9m and spending of $7.0m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.9m to $6.9m (+18%), an average of +4.2% a year. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Walker Assisted Living Corp I sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MN. Charities of a similar size with the same main cause include Community Outreach Services Corporation ($6.9m), Community Coalition on Homelessness Corporation ($6.9m) and Avalon Square Inc ($6.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 98% of the total. Other salaries and wages came to $4.3m. At year end it held assets of $5.9m against liabilities of $7.4m, net assets of -$1.6m. It reported 24 employees.