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Tennessee · Nonprofit

WESLEY HOUSING CORPORATION OF MEMPHIS INC

WESLEY HOUSING CORPORATION OF MEMPHIS INC (Tennessee) receives grants from 1 organization whose IRS filings report $27,040 to it, the largest being WESLEY AT GRACELAND INC D/B/A WESLEY MISSION INC ($27,040). 0 of them have funded it in more than one year.

Revenue FY2024
$3.2M
Funders on record
1
Grants received
$27k
Net assets
$6.0M
0/1 repeat funderspeak grant-dependency 1%
01What it does

What Wesley Housing Corporation of Memphis Inc does

Mission

Wesley housing corporation of memphis, inc. Is a tennessee not-for-profit corporation which provides property management, development, and related services. As of december 31, 2023, management, development, and related services are provided to thirty-four affiliated and unaffiliated corporations.

As stated on its FY2024 Form 990.

Program

  1. Wesley housing corporation of memphis, inc. Is a tennessee not-for-profit corporation which provides property management, development, and related services. As of december 31, 2023, management, development, and related services are provided to thirty-four affiliated and unaffiliated corporations.

    $3,511,118 spentof which $73,028 as grants$3,200,758 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $3,511,118.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($2.1M) Expenses 100 ($2.0M) Net assets 100 ($2.6M)2018 Revenue 175 ($3.7M) Expenses 127 ($2.5M) Net assets 147 ($3.8M)2019 Revenue 191 ($4.1M) Expenses 140 ($2.7M) Net assets 199 ($5.2M)2020 Revenue 124 ($2.6M) Expenses 142 ($2.8M) Net assets 193 ($5.0M)2021 Revenue 128 ($2.7M) Expenses 127 ($2.5M) Net assets 202 ($5.2M)2022 Revenue 253 ($5.4M) Expenses 194 ($3.8M) Net assets 264 ($6.8M)2023 Revenue 169 ($3.6M) Expenses 197 ($3.9M) Net assets 254 ($6.6M)2024 Revenue 151 ($3.2M) Expenses 193 ($3.8M) Net assets 232 ($6.0M)
'17'18'19'20'21'22'23'24
Revenue (151)Expenses (193)Net assets (232)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $5.8M to $7.2M (+24%).

$3.1M
$4.3M
$5.6M
$5.6M
$5.8M
$7.2M
$7.4M
$7.4M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

0% of WESLEY HOUSING CORPORATION OF MEMPHIS INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (51% for the typical peer).

This organization
Typical peer · 8,611 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

$171k
’17
$1.2M
’18
$1.3M
’19
−$157k
’20
$229k
’21
$1.6M
’22
−$253k
’23
−$565k
’24
8.5
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Rev David Weatherly

Chairperson

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed1212141414151314
Joined·+3+2+1+1+1+0+4
No longer listed·3011023
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'19
total
funders
1

From the IRS filings of WESLEY HOUSING CORPORATION OF MEMPHIS INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of WESLEY HOUSING CORPORATION OF MEMPHIS INC's grant income comes from Tennessee funders.

TN

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

WESLEY HOUSING CORPORATION OF MEMPHIS INC holds deeper cash reserves than three-quarters of the 8,121 health nonprofits its size.

Operating margin−18% · bottom quartile
Months of reserve8.5mo · top quartile
Revenue growth (annualized)6% · below the median

this organization peer median middle 50% of peers· 8,121 health nonprofits $1M–$10M, FY2024

Organizations like WESLEY HOUSING CORPORATION OF MEMPHIS INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Tennessee

Wesley at Graceland Inc D/B/A Wesley Mission Inc91%The Meadows Housing Corporation Inc88%Wesley-Asbury Inc88%Wesley at Murray Inc87%St Mark Manor Inc84%St Joseph Village Inc84%Urban Housing Solutions Inc80%Memphis Land Bank Inc80%

Nationally

Wesley at Graceland Inc D/B/A Wesley Mission Inc91%The Meadows Housing Corporation Inc88%Wesley-Asbury Inc88%Wesley at Murray Inc87%Wesley Homes Inc85%St Mark Manor Inc84%Wesley Health Care Center Inc84%Wesley Homes Community Health Services84%
05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

93% of spending goes to programs.

Program 93%Management 7%Fundraising 0%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990–Audited financials

Footprint & structure

Part of a family of 8 related entities

  • Latham Terrace LP · partnership
  • Uptown Senior Housing Development LP · partnership
  • Wesley Graceland Gardens LP · partnership
  • Wesley Highland Meadows LP · partnership
  • Shelby Housing Partners-2004 Inc · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for WESLEY HOUSING CORPORATION OF MEMPHIS INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds WESLEY HOUSING CORPORATION OF MEMPHIS INC?
WESLEY HOUSING CORPORATION OF MEMPHIS INC (Tennessee) receives grants from 1 organization whose IRS filings report $27,040 to it, the largest being WESLEY AT GRACELAND INC D/B/A WESLEY MISSION INC ($27,040). 0 of them have funded it in more than one year.
How many funders does WESLEY HOUSING CORPORATION OF MEMPHIS INC have?
IRS filings report 1 organization giving $27,040 in grants to WESLEY HOUSING CORPORATION OF MEMPHIS INC.
Who is the largest funder of WESLEY HOUSING CORPORATION OF MEMPHIS INC?
WESLEY AT GRACELAND INC D/B/A WESLEY MISSION INC is the largest funder on record, with $27,040 in grants. The full list of funders is on this page.
How can an organization like WESLEY HOUSING CORPORATION OF MEMPHIS INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Tennessee. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing