Willwoods Community

Analysis

Willwoods Community is a registered charity in United States, based in Metairie, LA. It received its IRS tax-exemption ruling in August 2017, 9 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 July 2023, Willwoods Community reported income of $1.6m and spending of $1.4m, spending 90% of its income. Across the 5 years on record, from July 2019 to July 2023, income fell from $2.7m to $1.6m (-42%), an average of -13% a year. The sharpest change came in the year to July 2021, when income rose by 78%. 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, Willwoods Community sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within LA. Charities of a similar size with the same main cause include Union Rescue Mission Inc ($1.6m), Osborn Foundation ($1.6m) and Malta House Inc ($1.6m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 13% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $129k (9.2% of expenses). Other salaries and wages came to $501k. At year end it held assets of $17.4m against liabilities of $5.4m, net assets of $12.0m. It reported 8 employees.