Williamsburg Landing Inc

Analysis

Williamsburg Landing Inc is a registered charity in United States, based in Williamsburg, VA. It received its IRS tax-exemption ruling in July 1989, 37 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Williamsburg Landing Inc reported income of $46.7m and spending of $43.7m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $43.3m to $46.7m (+7.9%), an average of +1.9% a year. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Williamsburg Landing Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within VA. Charities of a similar size with the same main cause include Step Up on Second Street Inc ($46.7m), Kings Community Action Organization Inc ($46.8m) and Banco de Alimentos Puerto Rico Inc ($46.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.3% and program service revenue 95% of the total. Other salaries and wages came to $15.8m. At year end it held assets of $183.3m against liabilities of $230.5m, net assets of -$47.2m. It reported 546 employees.