WSF Real Estate Inc

Analysis

WSF Real Estate Inc is a registered charity in United States, based in Worcester, MA. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, WSF Real Estate Inc reported income of $826k and spending of $143k, leaving 83% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $69k to $826k (+1095%), an average of +86% a year. The sharpest change came in the year to June 2022, when income rose by 723%. Over the whole period it spent 41% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, WSF Real Estate Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MA. Charities of a similar size with the same main cause include Houston Public Library Foundation Inc ($826k), Friends of LBS Inc ($826k) and Solutions Counseling & Family Therapy ($826k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $2.3m against liabilities of $1.3m, net assets of $957k.