Wills Manor Housing Corporation

Analysis

Wills Manor Housing Corporation is a registered charity in United States, based in Culver City, CA. It received its IRS tax-exemption ruling in August 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 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 June 2023, Wills Manor Housing Corporation reported income of $128k and spending of $159k, spending 124% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $110k to $128k (+16%), an average of +3.7% a year. Over the whole period it spent 126% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Wills Manor Housing Corporation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 45th percentile within CA. Charities of a similar size with the same main cause include Jarred Dezonia Foundation ($128k), Mercy Housing Franciscan Campus Inc ($128k) and Spring Valley Housing Inc ($128k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 88% of the total. Other salaries and wages came to $28k. At year end it held assets of $685k against liabilities of $1.1m, net assets of -$434k.

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.