Micah Wessman Foundation

Analysis

Micah Wessman Foundation is a registered charity in United States, based in Minnetonka, MN. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 September 2024, Micah Wessman Foundation reported income of $65k and spending of $49k, leaving 26% of income unspent that year. Across the 2 years on record, from September 2023 to September 2024, income fell from $82k to $65k (-20%), an average of -20% a year. The sharpest change came in the year to September 2024, when income dropped by 20%. Over the whole period it spent 63% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Micah Wessman Foundation sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 22nd percentile within MN. Charities of a similar size with the same main cause include Philippine Medical Association of San Diego ($65k), Medina Healthcare Fund ($65k) and Port Monmouth First Aid Squad Inc C/O Kelly & Bennett ($65k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 71% of the total. At year end it held assets of $301k against liabilities of $0, net assets of $301k.