Gods Way Home Inc
Analysis
Gods Way Home Inc is a registered charity in United States, based in Rainelle, WV. It received its IRS tax-exemption ruling in March 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 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, Gods Way Home Inc reported income of $420k and spending of $442k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $469k to $420k (-10%), an average of -10% a year. Over the whole period it spent 77% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Gods Way Home Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within WV. Charities of a similar size with the same main cause include Sunshine of Warren-Trumbull Area Inc ($420k), Gratiot County Hope House ($420k) and Room at the Inn ($420k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 9.0% of the total. Compensation of current officers, directors and key employees was $26k (5.9% of expenses). Other salaries and wages came to $157k. At year end it held assets of $210k against liabilities of -$994, net assets of $211k. It reported 14 employees.
Income and spending
Where the income comes from
- Contributions & grants 91%
- Program services 9.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Sunshine of Warren-Trumbull Area Inc | Warren | $420k |
| Gratiot County Hope House | Saint Louis | $420k |
| Room at the Inn | Marquette | $420k |
| Memorial Hospital and Homes Association Inc | Perham | $420k |