Meth-Wick Community

Analysis

Meth-Wick Community is a registered charity in United States, based in Cedar Rapids, IA. It received its IRS tax-exemption ruling in March 1962, 64 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Meth-Wick Community reported income of $20.2m and spending of $19.8m, spending 98% of its income. Across the 4 years on record, from March 2020 to March 2023, income grew from $18.9m to $20.2m (+6.9%), an average of +2.3% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Meth-Wick Community 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 IA. Charities of a similar size with the same main cause include Stoneridge Retirement Living ($20.2m), Loomis Housing Corporation ($20.2m) and Waypoint Maine Inc ($20.2m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 1.6% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $529k (2.7% of expenses). Other salaries and wages came to $7.2m. At year end it held assets of $33.6m against liabilities of $15.5m, net assets of $18.1m. It reported 232 employees.