Walker Senior Housing Corporation X

Analysis

Walker Senior Housing Corporation X is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in March 1998, 28 years ago. 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 December 2023, Walker Senior Housing Corporation X reported income of $547k and spending of $740k, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $364k to $547k (+51%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 78%. Over the whole period it spent 122% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Walker Senior Housing Corporation X sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 69th percentile within MO. Charities of a similar size with the same main cause include Latcom ($547k), Evergreen Montessori Inc ($547k) and Wishing Star Foundation ($547k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 39% of the total. Other salaries and wages came to $150k. At year end it held assets of $3.1m against liabilities of $4.8m, net assets of -$1.7m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.