Weatherford Area Senior Housing Incorporated

Analysis

Weatherford Area Senior Housing Incorporated is a registered charity in United States, based in Weatherford, OK. It received its IRS tax-exemption ruling in April 1982, 44 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, Weatherford Area Senior Housing Incorporated reported income of $284k and spending of $225k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $258k to $284k (+10%), an average of +2.4% a year. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Weatherford Area Senior Housing Incorporated sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within OK. Charities of a similar size with the same main cause include The Center for Understanding in Conflict ($284k), Murrieta Valley Girls Softball Association ($284k) and Audium Incorporated ($284k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% of the total. Other salaries and wages came to $89k. At year end it held assets of $361k against liabilities of $316k, net assets of $46k. It reported 2 employees.