Dwight Way Housing Inc

Analysis

Dwight Way Housing Inc is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in May 1997, 29 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 2023, Dwight Way Housing Inc reported income of $186k and spending of $266k, spending 143% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $165k to $186k (+13%), an average of +3.1% a year. The sharpest change came in the year to June 2020, when income rose by 15%. Over the whole period it spent 142% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Dwight Way Housing Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Affordable Caring Housing Inc ($186k), Bethel Gardens Inc ($186k) and Westminster Foundation III Inc ($186k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 35% of the total. Other salaries and wages came to $40k. At year end it held assets of $1.1m against liabilities of $1.4m, net assets of -$353k.

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.