America Wheat Mission Inc

Analysis

America Wheat Mission Inc is a registered charity in United States, based in Saddle Brook, NJ. It received its IRS tax-exemption ruling in September 1994, 32 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, America Wheat Mission Inc reported income of $574k and spending of $537k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $461k to $574k (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2021, when income rose by 1453%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, America Wheat Mission Inc sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 77th percentile within NJ. Charities of a similar size with the same main cause include International Gospel Outreach ($574k), Aerobic Center Municipal Authority ($575k) and Bartow Community Healthcare Foundation Inc ($574k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $15k (2.9% of expenses). Other salaries and wages came to $24k. It paid $10k in professional fundraising fees. At year end it held assets of $1.8m against liabilities of $1.4m, net assets of $390k. It reported 2 employees.