Four Walls Development Inc

Analysis

Four Walls Development Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 2001, 25 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, Four Walls Development Inc reported income of $584k and spending of $511k, spending 87% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $385k to $584k (+52%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 92% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Four Walls Development Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 46th percentile within DC. Charities of a similar size with the same main cause include Bethel Ensley Action Tasks Inc ($584k), Florida Elderly Housing Inc ($584k) and Affordable Housing Preservation Foundation ($584k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $329k (64% of expenses). At year end it held assets of $525k against liabilities of $170k, net assets of $355k. It reported 5 employees.