Wilshire Health and Community Services Inc

Analysis

Wilshire Health and Community Services Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 1967, 59 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Wilshire Health and Community Services Inc reported income of $6.6m and spending of $8.4m, spending 127% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $7.9m to $6.6m (-17%), an average of -4.6% a year. The sharpest change came in the year to June 2023, when income dropped by 39%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wilshire Health and Community Services Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Lafourche Home for the Aged & Infirm Inc ($6.6m), Animal Friends of the Valley Inc ($6.6m) and Boys and Girls Club of Hawaii ($6.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.2% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $701k (8.4% of expenses). Other salaries and wages came to $5.4m. At year end it held assets of $16.7m against liabilities of $11.5m, net assets of $5.1m. It reported 115 employees.