Wynnfield Overbrook Revitalization Corporation

Analysis

Wynnfield Overbrook Revitalization Corporation is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in October 2007, 19 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, Wynnfield Overbrook Revitalization Corporation reported income of $337k and spending of $307k, spending 91% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $266k to $337k (+27%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 70%. Over the whole period it spent 84% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Wynnfield Overbrook Revitalization Corporation sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within PA. Charities of a similar size with the same main cause include Holy Creek Non-Profit Housing Corporation ($337k), National Housing Corporation ($337k) and Matteson Supportive Housing NFP ($337k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $70k (23% of expenses). At year end it held assets of $209k against liabilities of $11k, net assets of $198k. It reported 1 employees.