West Routt Housing Inc

Analysis

West Routt Housing Inc is a registered charity in United States, based in Hayden, CO. It received its IRS tax-exemption ruling in July 2003, 23 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, West Routt Housing Inc reported income of $108k and spending of $110k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $100k to $108k (+8.3%), an average of +2.0% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 110% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, West Routt Housing Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 35th percentile within CO. Charities of a similar size with the same main cause include Nassau Senior Housing Development Fund Company Inc ($108k), Abilities at San Juan Inc ($108k) and Mosaic Housing Corp Xvii - Beatrice ($108k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 55% of the total. At year end it held assets of $403k against liabilities of $481k, net assets of -$78k.

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.