West End Associates Inc
Analysis
West End Associates Inc is a registered charity in United States, based in New Bedford, MA. It received its IRS tax-exemption ruling in January 2004, 22 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, West End Associates Inc reported income of $471k and spending of $630k, spending 134% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $411k to $471k (+15%), an average of +3.5% a year. Over the whole period it spent 135% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, West End Associates Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within MA. Charities of a similar size with the same main cause include Community Land Trust of Palm Beach County ($471k), Brownstone Gardens III Inc ($471k) and National Church Residences ($471k).
On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $3.4m against liabilities of $5.8m, net assets of -$2.4m.
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.
Income and spending
Where the income comes from
- Program services 100%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Community Land Trust of Palm Beach County | Lake Worth | $471k |
| Brownstone Gardens III Inc | E Longmeadow | $471k |
| National Church Residences | Columbus | $471k |
| National Steelworkers Oldtimers Community Urban Development | Canton | $471k |