Williams Care Homes Inc

Analysis

Williams Care Homes Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in July 1985, 41 years ago. 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 December 2023, Williams Care Homes Inc reported income of $77k and spending of $132k, spending 172% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $124k to $77k (-38%), an average of -11% a year. The sharpest change came in the year to December 2020, when income rose by 65%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Williams Care Homes Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within TN. Charities of a similar size with the same main cause include Marin Music Chest ($77k), Friends of the Lincoln Public Library ($77k) and Kanawaha Valley of Old Time Music and Dance ($77k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $78k against liabilities of $0, net assets of $78k. It reported 3 employees.