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Central WV Outreach Center Inc

Registered · see notesEIN 87-0810726Gassaway, WVHousing and shelter
Income$1.4m2024-06
Spending$1.5msame year
Spent / received103%5-year average
Size in its cause77th pctHousing and shelter
Exempt since2015Publicly supported organisat
Employees7latest return

Analysis

Central WV Outreach Center Inc is a registered charity in United States, based in Gassaway, WV. It received its IRS tax-exemption ruling in March 2015, 11 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 2024, Central WV Outreach Center Inc reported income of $1.4m and spending of $1.5m, spending 105% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $725k to $1.4m (+93%), an average of +18% a year. The sharpest change came in the year to June 2021, when income rose by 96%. Over the whole period it spent 103% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Central WV Outreach Center Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within WV. Charities of a similar size with the same main cause include Project Home ($1.4m), Community Homes Housing Incorporated ($1.4m) and Cathedral Cloisters Inc ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 9.4% and program service revenue 91% of the total. Other salaries and wages came to $141k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 7 employees.

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.

Income and spending

$0$369k$738k$1.1m$1.5m2020 Income: $724,8362020 Spending: $775,04420202021 Income: $1,419,0862021 Spending: $1,383,56120212022 Income: $931,7902022 Spending: $986,93320222023 Income: $1,147,0632023 Spending: $1,151,97520232024 Income: $1,400,0272024 Spending: $1,475,2142024
IncomeSpending

Where the income comes from

  • Contributions & grants 9.4%
  • Program services 91%
  • Other 0.0%

Similar-sized charities, same cause

CharityLocationIncome
Project HomePortland$1.4m
Community Homes Housing IncorporatedColumbia$1.4m
Cathedral Cloisters IncOrlando$1.4m
His House Outreach Ministries IncClaremore$1.4m