Willis Dady Emergency Shelter Inc

Analysis

Willis Dady Emergency Shelter Inc is a registered charity in United States, based in Cedar Rapids, IA. It received its IRS tax-exemption ruling in January 1989, 37 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 December 2023, Willis Dady Emergency Shelter Inc 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 $1.4m to $3.3m (+138%), an average of +24% a year. The sharpest change came in the year to December 2020, when income rose by 140%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Willis Dady Emergency Shelter Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within IA. Charities of a similar size with the same main cause include American Life League ($3.3m), Midwest Christian Services ($3.3m) and United Black Fund of Greater Cleveland Inc ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $93k (3.2% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $9.8m against liabilities of $500k, net assets of $9.3m. It reported 165 employees.