Stand Down Housing Westerly Inc

Analysis

Stand Down Housing Westerly Inc is a registered charity in United States, based in Johnston, RI. It received its IRS tax-exemption ruling in March 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, Stand Down Housing Westerly Inc reported income of $127k and spending of $164k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $97k to $127k (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 146% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Stand Down Housing Westerly Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 39th percentile within RI. Charities of a similar size with the same main cause include Perry S Hall Inc ($127k), Casco Community Housing Corporation ($127k) and Golden Terrace Village IV Inc ($127k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. At year end it held assets of $1.7m against liabilities of $29k, net assets of $1.7m.

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.