Wesley Village Inc

Analysis

Wesley Village Inc is a registered charity in United States, based in Fostoria, OH. It received its IRS tax-exemption ruling in September 1980, 46 years ago. 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, Wesley Village Inc reported income of $417k and spending of $513k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $365k to $417k (+14%), an average of +3.4% a year. Over the whole period it spent 122% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wesley Village Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within OH. Charities of a similar size with the same main cause include Sikh Gurdwara of Los Angeles Inc ($417k), American Society for Premodern Asia Inc ($417k) and Executive Service Corps of the Greater Triangle Inc ($417k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $102k. At year end it held assets of $1.6m against liabilities of $2.4m, net assets of -$750k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.