Whitfield Place Inc

Analysis

Whitfield Place Inc is a registered charity in United States, based in Dalton, GA. It received its IRS tax-exemption ruling in July 1995, 31 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 September 2023, Whitfield Place Inc reported income of $284k and spending of $331k, spending 117% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $240k to $284k (+18%), an average of +4.3% a year. The sharpest change came in the year to September 2023, when income rose by 21%. Over the whole period it spent 142% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Whitfield Place Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within GA. Charities of a similar size with the same main cause include Reside Affordable Inc ($284k), 2044 Seventh Avenue Housing Development Fund Corporation ($284k) and Martin Luther Homes for the Handicapped Inc ($284k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $1.3m against liabilities of $1.2m, net assets of $79k.

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.