Wheeling Housing Authority Resident Council Incorporated
EIN: 550757912 · Wheeling, WV · NTEE: S20Z
| Metric | Value |
|---|---|
| Total Revenue | $23K |
| Total Expenses | $24K |
| Net Assets | $729 |
Is Wheeling Housing Authority Resident Council Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wheeling Housing Authority Resident Council Incorporated
Wheeling Housing Authority Resident Council Incorporated (EIN: 550757912) is a nonprofit organization based in Wheeling, WV, classified under NTEE code S20Z. The organization reported total revenue of $23K and total assets of $652 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wheeling Housing Authority Resident Council Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wheeling Housing Authority Resident Council Incorporated is a micro nonprofit that has been operating for 28 years, with 10 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $24K |
| Total Expenses | $24K |
| Surplus / Deficit | +$0 |
| Total Assets | $730 |
| Total Liabilities | $1 |
| Net Assets | $729 |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 0.4 months |
Financial Health Grade: B
In 2023, Wheeling Housing Authority Resident Council Incorporated reported a surplus of $0 with revenue exceeding expenses, holds 0.4 months of operating reserves (limited), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -26.0% | -26.4% | +0.0% |
| 2022 | +12.4% | +12.9% | -16.5% |
| 2021 | +81.7% | +81.7% | +0.0% |
| 2020 | +20.6% | +20.6% | +0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wheeling Housing Authority Resident Council Incorporated has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Wheeling Housing Authority Resident Council Incorporated with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $0, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Wheeling Housing Authority Resident Council Incorporated
Is Wheeling Housing Authority Resident Council Incorporated a legitimate charity?
Wheeling Housing Authority Resident Council Incorporated (EIN: 550757912) is a registered tax-exempt nonprofit based in West Virginia. It has 10 years of IRS 990 filings on record. Total revenue: $23K. No red flags identified. Financial health grade: B.
How does Wheeling Housing Authority Resident Council Incorporated spend its money?
Wheeling Housing Authority Resident Council Incorporated reported $23K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Wheeling Housing Authority Resident Council Incorporated tax-deductible?
Wheeling Housing Authority Resident Council Incorporated is registered as a tax-exempt nonprofit (EIN: 550757912). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wheeling Housing Authority Resident Council Incorporated located?
Wheeling Housing Authority Resident Council Incorporated is headquartered in Wheeling, West Virginia and files with the IRS under EIN 550757912. It is classified under NTEE code S20Z.
How many years of IRS 990 filings does Wheeling Housing Authority Resident Council Incorporated have?
Wheeling Housing Authority Resident Council Incorporated has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $23K in total revenue.
Filing History
IRS 990 filing history for Wheeling Housing Authority Resident Council Incorporated showing financial trends over 10 years of public records:
Total assets decreased by 26.3% over the same period, from $991 to $730. Total functional expenses rose by 19397.6%, from $125 to $24K. In its most recent filing year (2023), Wheeling Housing Authority Resident Council Incorporated reported a surplus of $0, with revenue exceeding expenses. The organization holds $1 in liabilities against $730 in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $729.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $24K | $24K | $730 | $1 | — | — |
| 2022 | $33K | $33K | $730 | $1 | — | — |
| 2021 | $29K | $29K | $874 | $1 | — | View 990 |
| 2020 | $16K | $16K | $874 | $1 | — | — |
| 2019 | $13K | $13K | $873 | $0 | — | View 990 |
| 2015 | $0 | $0 | $940 | $0 | — | View 990 |
| 2014 | $0 | $0 | $940 | $0 | — | View 990 |
| 2013 | $0 | $25 | $940 | $0 | — | View 990 |
| 2012 | $0 | $25 | $966 | $0 | — | View 990 |
| 2011 | $0 | $125 | $991 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $24K, expenses of $24K, and assets of $730 (revenue -26.0% year-over-year).
- 2022: Revenue of $33K, expenses of $33K, and assets of $730 (revenue +12.4% year-over-year).
- 2021: Revenue of $29K, expenses of $29K, and assets of $874 (revenue +81.7% year-over-year).
- 2020: Revenue of $16K, expenses of $16K, and assets of $874 (revenue +20.6% year-over-year).
- 2019: Revenue of $13K, expenses of $13K, and assets of $873.
- 2015: Revenue of $0, expenses of $0, and assets of $940.
- 2014: Revenue of $0, expenses of $0, and assets of $940.
- 2013: Revenue of $0, expenses of $25, and assets of $940.
- 2012: Revenue of $0, expenses of $25, and assets of $966.
- 2011: Revenue of $0, expenses of $125, and assets of $991.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wheeling Housing Authority Resident Council Incorporated:
Data Sources and Methodology
This transparency report for Wheeling Housing Authority Resident Council Incorporated is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.