Wood River Community Housing Trust Inc

Analysis

Wood River Community Housing Trust Inc is a registered charity in United States, based in Ketchum, ID. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wood River Community Housing Trust Inc reported income of $655k and spending of $567k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $253k to $655k (+159%), an average of +159% a year. The sharpest change came in the year to December 2023, when income rose by 159%. Over the whole period it spent 70% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Wood River Community Housing Trust Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within ID. Charities of a similar size with the same main cause include Mount Zion Madison Street Properties ($654k), Worcester Jewish Community Housing for the Elderly Inc ($655k) and Oswego County Development Corp ($654k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 46% of the total. At year end it held assets of $10.5m against liabilities of $10.2m, net assets of $277k.