Gweimen Centre Ltd

Analysis

Gweimen Centre Ltd is a registered charity in United States, based in Wheaton, IL. It received its IRS tax-exemption ruling in September 2006, 20 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, Gweimen Centre Ltd reported income of $65k and spending of $67k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $65k (+5.4%), an average of +5.4% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gweimen Centre Ltd sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within IL. Charities of a similar size with the same main cause include Foundation of the American Theatre Critics Association ($65k), Operation Now ($65k) and Job 29 Ministries Inc ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $75k against liabilities of $0, net assets of $75k.