Wright Street Housing Corporation

Analysis

Wright Street Housing Corporation is a registered charity in United States, based in Mansfield, OH. It received its IRS tax-exemption ruling in April 2013, 13 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, Wright Street Housing Corporation reported income of $122k and spending of $179k, spending 147% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $122k to $122k (+0.5%), an average of +0.1% a year. Over the whole period it spent 139% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Wright Street Housing Corporation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 43rd percentile within OH. Charities of a similar size with the same main cause include Eastgate Apartments ($122k), Sanders County Community Housing Organization Inc ($122k) and FLS Inc ($122k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 43% of the total. At year end it held assets of $2.0m against liabilities of $36k, net assets of $2.0m.

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.