Wyoming Housing Network Inc

Analysis

Wyoming Housing Network Inc is a registered charity in United States, based in Casper, WY. It received its IRS tax-exemption ruling in January 2005, 21 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 September 2023, Wyoming Housing Network Inc reported income of $1.8m and spending of $2.4m, spending 129% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $2.3m to $1.8m (-21%), an average of -5.7% a year. The sharpest change came in the year to September 2022, when income dropped by 22%. Over the whole period it spent 110% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Wyoming Housing Network Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 90th percentile within WY. Charities of a similar size with the same main cause include Christian Church Homes of Washington ($1.8m), St Mark Affordable Housing Development Fund Corporation ($1.8m) and Gracehaven Inc ($1.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 52% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $657k (28% of expenses). Other salaries and wages came to $178k. At year end it held assets of $19.4m against liabilities of $14.7m, net assets of $4.7m. It reported 12 employees.