Willkie House Incorporated

Analysis

Willkie House Incorporated is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in November 1949, 77 years ago. 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 June 2023, Willkie House Incorporated reported income of $504k and spending of $402k, leaving 20% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $207k to $504k (+143%), an average of +25% a year. The sharpest change came in the year to June 2021, when income rose by 88%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Willkie House Incorporated sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 73rd percentile within IA. Charities of a similar size with the same main cause include Ironworkers Joint Apprenticeship Trust Fund 550 ($504k), Big Creek People in Action Inc ($504k) and India Temple Association ($504k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $71k (18% of expenses). Other salaries and wages came to $141k. At year end it held assets of $663k against liabilities of $43k, net assets of $619k. It reported 12 employees.