Walter Riley Davis Senior Complex Corporation

Analysis

Walter Riley Davis Senior Complex Corporation is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in February 2004, 22 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 under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Walter Riley Davis Senior Complex Corporation reported income of $58k and spending of $96k, spending 165% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $51k to $58k (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2021, when income rose by 16%. Over the whole period it spent 150% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Walter Riley Davis Senior Complex Corporation sits at the 13th percentile: it is larger than about 13% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 20th percentile within WI. Charities of a similar size with the same main cause include Fswp-Gl II Inc ($58k), Community for Permanent Supported Housing ($58k) and Community Compassion Jonesboro ($58k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $380k against liabilities of $873k, net assets of -$493k.

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.