Walnut Village Inc

Analysis

Walnut Village Inc is a registered charity in United States, based in Cookeville, TN. It received its IRS tax-exemption ruling in August 1979, 47 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Walnut Village Inc reported income of $325k and spending of $690, leaving 100% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.9m to $325k (-83%), an average of -35% a year. The sharpest change came in the year to December 2023, when income rose by 3719%. Over the whole period it spent 88% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Walnut Village Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within TN. Charities of a similar size with the same main cause include Mercy Bond Properties Nebraska I ($325k), Lackawanna Housing Development Corporation ($326k) and Independent Housing Resources East Inc ($325k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $3.1m against liabilities of $144k, net assets of $2.9m.