Willows Way Inc
Analysis
Willows Way Inc is a registered charity in United States, based in Saint Charles, MO. It received its IRS tax-exemption ruling in April 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, Willows Way Inc reported income of $20.6m and spending of $16.4m, leaving 21% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $7.0m to $20.6m (+195%), an average of +31% a year. The sharpest change came in the year to June 2023, when income rose by 67%. Over the whole period it spent 81% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Willows Way Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MO. Charities of a similar size with the same main cause include Second Harvest Food Bank of East Central Indiana Inc ($20.6m), Community Systems Inc ($20.6m) and Connections for Children ($20.6m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.4% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $336k (2.1% of expenses). Other salaries and wages came to $12.2m. At year end it held assets of $19.8m against liabilities of $1.9m, net assets of $18.0m. It reported 429 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.4%
- Program services 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Second Harvest Food Bank of East Central Indiana Inc | Muncie | $20.6m |
| Community Systems Inc | Plymouth | $20.6m |
| Connections for Children | Los Angeles | $20.6m |
| Hopesource | Ellensburg | $20.6m |