Robert L Walker House Corporation

Analysis

Robert L Walker House Corporation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 1985, 41 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, Robert L Walker House Corporation reported income of $1.1m and spending of $1.3m, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $982k to $1.1m (+7.3%), an average of +1.8% a year. Over the whole period it spent 114% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Robert L Walker House Corporation sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 56th percentile within DC. Charities of a similar size with the same main cause include Washington House Housing Development Fund Corporation ($1.1m), Partnership Homes Inc ($1.1m) and Genesis Center North Texas Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $17k. At year end it held assets of $2.0m against liabilities of $5.2m, net assets of -$3.2m.

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.