Central WV Outreach Center Inc
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
Where the income comes from
- Contributions & grants 9.4%
- Program services 91%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Project Home | Portland | $1.4m |
| Community Homes Housing Incorporated | Columbia | $1.4m |
| Cathedral Cloisters Inc | Orlando | $1.4m |
| His House Outreach Ministries Inc | Claremore | $1.4m |