Webster Supportive Housing Inc

Analysis

Webster Supportive Housing Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in May 1997, 29 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Webster Supportive Housing Inc reported income of $268k and spending of $412k, spending 154% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $171k to $268k (+56%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 30%. Over the whole period it spent 138% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Webster Supportive Housing Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within MN. Charities of a similar size with the same main cause include Waukegan Housing Development Corporation ($268k), National Hispanic Council on Aging Housing of Garden City Kansas Inc ($268k) and Hijra House Association ($268k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 64% and program service revenue 36% of the total. Other salaries and wages came to $32k. At year end it held assets of $1.3m against liabilities of $194k, net assets of $1.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.