West Virginia Homes Inc

Analysis

West Virginia Homes Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in March 1967, 59 years ago. 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 July 2024, West Virginia Homes Inc reported income of $509k and spending of $536k, spending 105% of what it took in. Across the 5 years on record, from July 2020 to July 2024, income grew from $474k to $509k (+7.2%), an average of +1.8% a year. The sharpest change came in the year to July 2022, when income rose by 93%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, West Virginia Homes Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within OH. Charities of a similar size with the same main cause include Proenglish ($509k), Training Institute for Mental Health Practitioner ($509k) and Cornerstone Christian Fellowship ($508k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 45% and program service revenue 47% of the total. At year end it held assets of $2.4m against liabilities of $1.2m, net assets of $1.3m.