American Wheat Mission Inc

Analysis

American Wheat Mission Inc is a registered charity in United States, based in Palatine, IL. It received its IRS tax-exemption ruling in September 1994, 32 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending December 2023, American Wheat Mission Inc reported income of $159k and spending of $167k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $201k to $159k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Wheat Mission Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 49th percentile within IL. Charities of a similar size with the same main cause include Friends of Oconee Hill Cemetery Inc ($159k), Tu an Zen Temple Association ($159k) and Petoskey Childrens Nursery Inc ($159k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. Other salaries and wages came to $40k. At year end it held assets of $427k against liabilities of $0, net assets of $427k. It reported 3 employees.