Whitneystrong Inc

Analysis

Whitneystrong Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in November 2018, 8 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, Whitneystrong Inc reported income of $489k and spending of $572k, spending 117% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $196k to $489k (+149%), an average of +36% a year. The sharpest change came in the year to December 2021, when income rose by 77%. Over the whole period it spent 104% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Whitneystrong Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within KY. Charities of a similar size with the same main cause include Bhi Foundation Inc ($489k), Ahepa 489 Apartments Inc ($489k) and Volunteers of America Inc ($489k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $251k (44% of expenses). At year end it held assets of $72k against liabilities of $0, net assets of $72k. It reported 6 employees.