Wesleyan Senior Care Inc

Analysis

Wesleyan Senior Care Inc is a registered charity in United States, based in Elyria, OH. It received its IRS tax-exemption ruling in July 2020, 6 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wesleyan Senior Care Inc reported income of $21.0m and spending of $22.2m, spending 106% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $23.5m to $21.0m (-11%), an average of -5.4% a year. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Wesleyan Senior Care Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within OH. Charities of a similar size with the same main cause include Orchard Park CCRC Inc ($20.9m), Bethany on 42nd ($21.0m) and Lutheran Retirement Home of Greater Seattle Inc ($20.9m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $8.1m. At year end it held assets of $35.4m against liabilities of $31.6m, net assets of $3.8m. It reported 569 employees.