Waller Assistance & Restoration Ministries Inc

Analysis

Waller Assistance & Restoration Ministries Inc is a registered charity in United States, based in Waller, TX. It received its IRS tax-exemption ruling in May 2007, 19 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, Waller Assistance & Restoration Ministries Inc reported income of $874k and spending of $978k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $287k to $874k (+204%), an average of +32% a year. The sharpest change came in the year to December 2020, when income rose by 102%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Waller Assistance & Restoration Ministries Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include State of Texas Association of Rheumatologists ($874k), Sapna NYC Inc ($874k) and Choosing Hope Adoptions Inc ($874k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $80k (8.2% of expenses). Other salaries and wages came to $144k. At year end it held assets of $1.2m against liabilities of $22k, net assets of $1.2m. It reported 15 employees.