Washington Housing Nonprofit Inc Marc a Recko

Analysis

Washington Housing Nonprofit Inc Marc a Recko is a registered charity in United States, based in Washington, NC. It received its IRS tax-exemption ruling in February 1999, 27 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Washington Housing Nonprofit Inc Marc a Recko reported income of $471k and spending of $354k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $328k to $471k (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 82% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Washington Housing Nonprofit Inc Marc a Recko 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 69th percentile within NC. Charities of a similar size with the same main cause include Denton Green Housing Company Inc ($471k), Ridgeview Terrace Inc ($471k) and Marin City Community Land Corporation ($470k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 23% of the total. Other salaries and wages came to $30k. At year end it held assets of $2.8m against liabilities of $1.9m, net assets of $864k.