Greater Wakefield Resource Center Inc

Analysis

Greater Wakefield Resource Center Inc is a registered charity in United States, based in Union, NH. It received its IRS tax-exemption ruling in August 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Greater Wakefield Resource Center Inc reported income of $111k and spending of $121k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $105k to $111k (+5.0%), an average of +1.2% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 114% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Greater Wakefield Resource Center Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 41st percentile within NH. Charities of a similar size with the same main cause include Color of Marriage Inc ($111k), LGBTQ Center Lake County ($111k) and Holtons Heroes ($111k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. Other salaries and wages came to $41k. At year end it held assets of $228k against liabilities of $0, net assets of $228k. It reported 5 employees.

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.