Wayward Homes Inc

Analysis

Wayward Homes Inc is a registered charity in United States, based in Redan, GA. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Wayward Homes Inc reported income of $265k and spending of $267k, spending 101% of its income. Across the 6 years on record, from December 2019 to December 2023, income grew from $260k to $265k (+2.0%), an average of +0.4% a year. The sharpest change came in the year to December 2020, when income rose by 480%. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Wayward Homes Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within GA. Charities of a similar size with the same main cause include Appleway Court 202 ($265k), Outreach Development Corporation ($265k) and Littleton Town & Country Family Housing Inc ($265k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $32k (12% of expenses). Other salaries and wages came to $16k. At year end it held assets of $226k against liabilities of $108k, net assets of $119k. It reported 3 employees.