Westminster Homes Inc

Analysis

Westminster Homes Inc is a registered charity in United States, based in Jennings, LA. It received its IRS tax-exemption ruling in January 1964, 62 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Westminster Homes Inc reported income of $371k and spending of $292k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $356k to $371k (+3.9%), an average of +1.0% a year. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Westminster Homes Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within LA. Charities of a similar size with the same main cause include Minds Matter ($370k), Harvard Club of Chicago ($371k) and Walt Whitman Birthplace Association ($370k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 34% of the total. At year end it held assets of $563k against liabilities of $237k, net assets of $326k.