Westland Adams Management Corporation

Analysis

Westland Adams Management Corporation is a registered charity in United States, based in Parkersburg, WV. It received its IRS tax-exemption ruling in November 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Westland Adams Management Corporation reported income of $126k and spending of $167k, spending 133% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $94k to $126k (+33%), an average of +7.5% a year. The sharpest change came in the year to June 2020, when income rose by 21%. Over the whole period it spent 113% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Westland Adams Management Corporation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 40th percentile within WV. Charities of a similar size with the same main cause include Good Harvest Fraternal Group ($126k), Special Kids of N Y ($126k) and Emergency Assistance and Food Bank of Valdez Inc ($126k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 41% of the total. At year end it held assets of $555k against liabilities of $13k, net assets of $542k.

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.