Wolverine Den Inc

Analysis

Wolverine Den Inc is a registered charity in United States, based in West Bend, IA. It received its IRS tax-exemption ruling in July 2011, 15 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 December 2023, Wolverine Den Inc reported income of $266k and spending of $181k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $126k to $266k (+111%), an average of +111% a year. The sharpest change came in the year to December 2023, when income rose by 111%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wolverine Den Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within IA. Charities of a similar size with the same main cause include Guadalupe Valley Pecan Classic ($266k), Umoja Health Wellness and Justice Collective ($266k) and Walker Adult Day Services ($266k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. Other salaries and wages came to $150k. At year end it held assets of $108k against liabilities of $1,973, net assets of $106k.