Wheresoever Ministries Inc

Analysis

Wheresoever Ministries Inc is a registered charity in United States, based in Cary, NC. It received its IRS tax-exemption ruling in December 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Wheresoever Ministries Inc reported income of $93k and spending of $123k, spending 132% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $171k to $93k (-46%), an average of -46% a year. The sharpest change came in the year to December 2023, when income dropped by 46%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wheresoever Ministries Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within NC. Charities of a similar size with the same main cause include Linking Partnership Opportunities Foundation ($93k), Skagit River Poetry Foundation ($93k) and Old Timers Athletic Association of Greater Danbury Inc ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $98k against liabilities of $1,653, net assets of $97k.