WRC Housing II Inc

Analysis

WRC Housing II Inc is a registered charity in United States, based in Dothan, AL. It received its IRS tax-exemption ruling in May 2012, 14 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 September 2023, WRC Housing II Inc reported income of $50k and spending of $57k, spending 114% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $33k to $50k (+54%), an average of +11% a year. The sharpest change came in the year to September 2023, when income rose by 18%. Over the whole period it spent 140% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, WRC Housing II Inc sits at the 11th percentile: it is larger than about 11% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within AL. Charities of a similar size with the same main cause include Centerpointe Housing Corporation I ($50k), Mission Possible Ministries Inc ($50k) and Interfaith Housing Development Corporation of Hickory ($50k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. At year end it held assets of $654k against liabilities of $819k, net assets of -$166k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.