Wheeler Mission Ministries Inc

Analysis

Wheeler Mission Ministries Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in August 1942, 84 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 May 2024, Wheeler Mission Ministries Inc reported income of $28.1m and spending of $20.9m, leaving 26% of income unspent that year. Across the 6 years on record, from May 2019 to May 2024, income grew from $27.8m to $28.1m (+0.8%), an average of +0.2% a year. The sharpest change came in the year to May 2021, when income rose by 25%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wheeler Mission Ministries Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IN. Charities of a similar size with the same main cause include The Shekel Association Community Services for the Disabled ($28.0m), Pines of Sarasota Healthcare LLC ($28.1m) and Girls Who Code Inc ($28.0m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 84% and program service revenue 9.9% of the total. Compensation of current officers, directors and key employees was $408k (2.0% of expenses). Other salaries and wages came to $8.3m. It paid $124k in professional fundraising fees. At year end it held assets of $73.0m against liabilities of $4.9m, net assets of $68.0m. It reported 293 employees.