Western Home Foundation

Analysis

Western Home Foundation is a registered charity in United States, based in Cedar Falls, IA. It received its IRS tax-exemption ruling in December 2000, 26 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Western Home Foundation reported income of $692k and spending of $821k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $593k to $692k (+17%), an average of +3.9% a year. The sharpest change came in the year to December 2021, when income rose by 181%. Over the whole period it spent 117% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Western Home Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within IA. Charities of a similar size with the same main cause include Woodland Apartments Preservation Inc ($692k), Winter Nights Family Shelter ($692k) and East Bay Senior Housing Inc ($691k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $2.6m against liabilities of $2.7m, net assets of -$29k.