Grain of Wheat Community Inc

Analysis

Grain of Wheat Community Inc is a registered charity in United States, based in Fond du Lac, WI. It received its IRS tax-exemption ruling in October 1985, 41 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Grain of Wheat Community Inc reported income of $59k and spending of $51k, spending 86% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $37k to $59k (+58%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 27%. Over the whole period it spent 103% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Grain of Wheat Community Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 20th percentile within WI. Charities of a similar size with the same main cause include Historic North Charlotte Neighborhood Assoc Inc ($59k), Bradford Community Coalition ($59k) and Eastern Shore of Virginia Chamber of Commerce Foundation ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 44% of the total. At year end it held assets of $50k against liabilities of $3,163, net assets of $47k.