Weaverland Financial Aid of Missouri Inc

Analysis

Weaverland Financial Aid of Missouri Inc is a registered charity in United States, based in Memphis, MO. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 July 2023, Weaverland Financial Aid of Missouri Inc reported income of $1.9m and spending of $1.9m, spending 101% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $849k to $1.9m (+118%), an average of +22% a year. The sharpest change came in the year to July 2023, when income rose by 161%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Weaverland Financial Aid of Missouri Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MO. Charities of a similar size with the same main cause include Alhikma Association ($1.9m), Society for Classical Learning ($1.9m) and Connect International ($1.9m).

On its Form 990 for the period ending July 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $44.0m against liabilities of $43.8m, net assets of $209k.