American Wheat Mission Inc

Analysis

American Wheat Mission Inc is a registered charity in United States, based in Carrollton, TX. It received its IRS tax-exemption ruling in September 1994, 32 years ago. 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, American Wheat Mission Inc reported income of $51k and spending of $65k, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $268k to $51k (-81%), an average of -34% a year. The sharpest change came in the year to December 2020, when income dropped by 78%. Over the whole period it spent 113% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Wheat Mission Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 20th percentile within TX. Charities of a similar size with the same main cause include Afcea Educational Foundation ($51k), Daisy Mountain Veterans ($51k) and College Theology Society ($51k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $86k against liabilities of $0, net assets of $86k.