Westminsterwashingtonnmtc Inc

Analysis

Westminsterwashingtonnmtc Inc is a registered charity in United States, based in Jamaica Plain, MA. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Westminsterwashingtonnmtc Inc reported income of $69k and spending of $307k, spending 442% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $596k to $69k (-88%), an average of -35% a year. The sharpest change came in the year to June 2021, when income dropped by 75%. Over the whole period it spent 79% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Westminsterwashingtonnmtc Inc sits at the 15th percentile: it is larger than about 15% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 36th percentile within MA. Charities of a similar size with the same main cause include Twin Cities Aikido Center Inc ($69k), Reach for Housing Inc ($69k) and Options for Ascension Inc ($69k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 96% of the total. At year end it held assets of $8.4m against liabilities of $7.8m, net assets of $560k.

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.