West Point Housing Corp

Analysis

West Point Housing Corp is a registered charity in United States, based in West Liberty, IA. It received its IRS tax-exemption ruling in July 1980, 46 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, West Point Housing Corp reported income of $136k and spending of $129k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $115k to $136k (+18%), an average of +4.3% a year. The sharpest change came in the year to December 2022, when income rose by 22%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, West Point Housing Corp sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within IA. Charities of a similar size with the same main cause include Georgia Extension 4-H Foundation ($136k), Northwest Seattle Little League ($136k) and Oregonian Publishing Company Public Benefits Inc ($136k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $393k against liabilities of $368k, net assets of $26k.