Orchard Park Resources Inc

Analysis

Orchard Park Resources Inc is a registered charity in United States, based in Wheeling, WV. It received its IRS tax-exemption ruling in September 1997, 29 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Orchard Park Resources Inc reported income of $204k and spending of $422k, spending 207% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $160k to $204k (+28%), an average of +8.5% a year. The sharpest change came in the year to June 2023, when income rose by 86%. Over the whole period it spent 226% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Orchard Park Resources Inc 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 54th percentile, and in the 52nd percentile within WV. Charities of a similar size with the same main cause include Muirfield Apartments ($204k), DC Housing Solutions ($205k) and WHV Foundation ($204k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $77k (18% of expenses). Other salaries and wages came to $193k. At year end it held assets of $31k against liabilities of $2.3m, net assets of -$2.3m. It reported 5 employees.

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.