Westside Cares Inc

Analysis

Westside Cares Inc is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in December 1985, 41 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Westside Cares Inc reported income of $2.0m and spending of $1.9m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $2.0m (+0.4%), an average of +0.1% a year. The sharpest change came in the year to December 2021, when income dropped by 23%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Westside Cares Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CO. Charities of a similar size with the same main cause include Podiatry Institute Inc ($2.0m), For the Troops ($2.0m) and St Paul Apartments Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $93k (4.9% of expenses). Other salaries and wages came to $195k. At year end it held assets of $1.9m against liabilities of $35k, net assets of $1.8m. It reported 13 employees.