Westminster at Wade Inc

Analysis

Westminster at Wade Inc is a registered charity in United States, based in Bluefield, WV. It received its IRS tax-exemption ruling in May 2006, 20 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Westminster at Wade Inc reported income of $348k and spending of $336k, spending 97% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $298k to $348k (+17%), an average of +5.3% a year. Over the whole period it spent 99% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Westminster at Wade Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within WV. Charities of a similar size with the same main cause include Evelyn Moon Crisis Shelter ($347k), So Kids Soar ($348k) and Girls Incorporated of Dothan Alabama ($347k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $31k (9.3% of expenses). Other salaries and wages came to $91k. At year end it held assets of $392k against liabilities of $2,124, net assets of $390k. It reported 17 employees.