Wabash Street Level Ministries Inc

Analysis

Wabash Street Level Ministries Inc is a registered charity in United States, based in Wabash, IN. It received its IRS tax-exemption ruling in June 1989, 37 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, Wabash Street Level Ministries Inc reported income of $78k and spending of $78k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $173k to $78k (-55%), an average of -18% a year. The sharpest change came in the year to December 2022, when income dropped by 55%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wabash Street Level Ministries Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within IN. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($78k), Clothes to Kids of Fairfield County Inc ($78k) and Oil Information Library of Fort Worth ($78k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Other salaries and wages came to $42k. At year end it held assets of $652k against liabilities of $2,734, net assets of $650k. It reported 1 employees.