Willows Inc

Analysis

Willows Inc is a registered charity in United States, based in Martin, TN. It received its IRS tax-exemption ruling in August 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 June 2024, Willows Inc reported income of $126k and spending of $163k, spending 129% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $128k to $126k (-1.6%), an average of -0.3% a year. Over the whole period it spent 119% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Willows Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within TN. Charities of a similar size with the same main cause include Amos House Inc ($126k), Green Acres Cooperative Inc ($126k) and Groton Village Housing Inc ($126k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 46% and program service revenue 52% of the total. Other salaries and wages came to $18k. At year end it held assets of $533k against liabilities of $31k, net assets of $502k.

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.