Wisteria View Housing Corporation

Analysis

Wisteria View Housing Corporation is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in December 1978, 48 years ago. 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 September 2023, Wisteria View Housing Corporation reported income of $1.4m and spending of $934k, leaving 33% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.2m to $1.4m (+14%), an average of +3.4% a year. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wisteria View Housing Corporation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within WA. Charities of a similar size with the same main cause include Pitt Academy ($1.4m), Chinese American Parents Association Inc ($1.4m) and Northwoods Battered Womens Shelter Inc ($1.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Other salaries and wages came to $365k. At year end it held assets of $3.0m against liabilities of $133k, net assets of $2.9m. It reported 10 employees.