Western Home Services Inc

Analysis

Western Home Services Inc is a registered charity in United States, based in Grundy Center, IA. It received its IRS tax-exemption ruling in May 2011, 15 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2020, Western Home Services Inc reported income of $5.5m and spending of $5.6m, spending 102% of its income. Across the 2 years on record, from December 2019 to December 2020, income grew from $4.4m to $5.5m (+23%), an average of +23% a year. The sharpest change came in the year to December 2020, when income rose by 23%. Over the whole period it spent 109% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Western Home Services Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within IA. Charities of a similar size with the same main cause include Grace House Inc ($5.4m), Sound Communities Inc ($5.5m) and Foundation for Affordable Housing Inc ($5.4m).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 7.5% and program service revenue 93% of the total. Other salaries and wages came to $2.1m. At year end it held assets of $14.9m against liabilities of $15.5m, net assets of -$612k. It reported 99 employees.