Wesleyan Woods

Analysis

Wesleyan Woods is a registered charity in United States, based in Vassar, MI. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Wesleyan Woods reported income of $491k and spending of $446k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $388k to $491k (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Wesleyan Woods sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within MI. Charities of a similar size with the same main cause include Theos Seminary ($491k), Open Hand Ministries Inc ($491k) and Training2send ($491k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 13% of the total. Other salaries and wages came to $222k. At year end it held assets of $198k against liabilities of $19k, net assets of $179k. It reported 25 employees.