International Wheat Genome Sequencing Consortium Inc

Analysis

International Wheat Genome Sequencing Consortium Inc is a registered charity in United States, based in Eau Claire, WI. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, International Wheat Genome Sequencing Consortium Inc reported income of $155k and spending of $142k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $137k to $155k (+13%), an average of +3.0% a year. The sharpest change came in the year to December 2021, when income rose by 72%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, International Wheat Genome Sequencing Consortium Inc sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 47th percentile within WI. Charities of a similar size with the same main cause include Child Counseling Center and Play Therapy Institute of New Mexico ($155k), Rotary Club of Georgetown Foundation ($155k) and Agape Gospel Mission Inc ($155k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $80k (56% of expenses). Other salaries and wages came to $12k. At year end it held assets of $177k against liabilities of $761, net assets of $177k. It reported 2 employees.