Wolfe & Jackson Group Home Inc

Analysis

Wolfe & Jackson Group Home Inc is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in June 2014, 12 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 December 2023, Wolfe & Jackson Group Home Inc reported income of $102k and spending of $98k, spending 96% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $57k to $102k (+78%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 125% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Wolfe & Jackson Group Home Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within NC. Charities of a similar size with the same main cause include Bridgeway Kewanee 04 NFP ($102k), Gracemont House Inc ($102k) and Trinity Homes Inc ($102k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $86k against liabilities of $0, net assets of $86k.