Ionia R Whipper Home Inc

Analysis

Ionia R Whipper Home Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 1951, 75 years ago. 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, Ionia R Whipper Home Inc reported income of $119k and spending of $74k, leaving 38% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $65k to $119k (+83%), an average of +22% a year. The sharpest change came in the year to June 2023, when income rose by 53%. Over the whole period it spent 212% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ionia R Whipper Home Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 21st percentile within DC. Charities of a similar size with the same main cause include First Presbyterian Church Child Development Center ($119k), Spectrum Singers Inc ($119k) and Crystal Lake Babe Ruth Baseball League Inc ($119k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% of the total. Other salaries and wages came to $16k. At year end it held assets of $652k against liabilities of $0, net assets of $652k. It reported 1 employees.