Work Express Housing Inc

Analysis

Work Express Housing Inc is a registered charity in United States, based in Brockton, MA. It received its IRS tax-exemption ruling in July 2004, 22 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 June 2023, Work Express Housing Inc reported income of $603k and spending of $722k, spending 120% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $475k to $603k (+27%), an average of +6.1% a year. The sharpest change came in the year to June 2023, when income rose by 23%. Over the whole period it spent 126% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Work Express Housing Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within MA. Charities of a similar size with the same main cause include Waterford Dublin Development Inc ($602k), Essential Living Inc ($603k) and Citizens Adult Foster Care Inc ($602k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 8.6% of the total. At year end it held assets of $3.1m against liabilities of $3.5m, net assets of -$334k.

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.