Wedgwood Christian Services

Analysis

Wedgwood Christian Services is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in August 1964, 62 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 March 2023, Wedgwood Christian Services reported income of $24.1m and spending of $22.0m, spending 91% of its income. Across the 5 years on record, from March 2019 to March 2023, income fell from $24.4m to $24.1m (-1.3%), an average of -0.3% a year. The sharpest change came in the year to March 2021, when income dropped by 30%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wedgwood Christian Services sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within MI. Charities of a similar size with the same main cause include Textile Exchange ($24.1m), Balance Autism ($24.1m) and Chapin Hall Center for Children ($24.1m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 37% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $482k (2.2% of expenses). Other salaries and wages came to $12.8m. At year end it held assets of $28.4m against liabilities of $9.6m, net assets of $18.8m. It reported 464 employees.