Westcliffe Housing Foundation Inc

Analysis

Westcliffe Housing Foundation Inc is a registered charity in United States, based in Englewood, CO. It received its IRS tax-exemption ruling in August 1998, 28 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, Westcliffe Housing Foundation Inc reported income of $1.5m and spending of $1.5m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.5m (+6.5%), an average of +1.6% a year. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Westcliffe Housing Foundation Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within CO. Charities of a similar size with the same main cause include BHP Community Land Trust Inc ($1.5m), Harrison Bryant Kearney Blvd Plaza Inc ($1.5m) and New Cassel Foundation Omaha Nebraska ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 94% of the total. Other salaries and wages came to $192k. At year end it held assets of $2.1m against liabilities of $2.3m, net assets of -$161k.