West Virginia Association of Housing Authorities

Analysis

West Virginia Association of Housing Authorities is a registered charity in United States, based in Wheeling, WV. It received its IRS tax-exemption ruling in February 1989, 37 years ago. 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 September 2023, West Virginia Association of Housing Authorities reported income of $175k and spending of $153k, spending 87% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $147k to $175k (+19%), an average of +19% a year. The sharpest change came in the year to September 2023, when income rose by 19%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, West Virginia Association of Housing Authorities sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within WV. Charities of a similar size with the same main cause include Sharon Historical Society ($175k), Daviess County Historical Society Incorporation ($175k) and Little League Baseball Inc ($175k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 1.1% and program service revenue 83% of the total. At year end it held assets of $431k against liabilities of $31k, net assets of $399k.