Wellington Community Housing

Analysis

Wellington Community Housing is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in March 2022, 4 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 December 2023, Wellington Community Housing reported income of $719k and spending of $747k, spending 104% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $210k to $719k (+243%), an average of +85% a year. The sharpest change came in the year to December 2022, when income rose by 239%. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Wellington Community Housing sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within CO. Charities of a similar size with the same main cause include Catherine Booth Friendship House Residence Inc ($718k), Holy Ground Shelter for Homeless ($719k) and Woodward Manor Inc ($718k).

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 $643k against liabilities of $75k, net assets of $568k.