Awaken Inc

Analysis

Awaken Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in June 2015, 11 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, Awaken Inc reported income of $387k and spending of $372k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $180k to $387k (+116%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Awaken Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within AL. Charities of a similar size with the same main cause include World Missions Christian Fellowship ($387k), Restoration Houston Ministry ($387k) and Camping Ministries of the Carolinas Inc ($387k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $102k (27% of expenses). Other salaries and wages came to $105k. At year end it held assets of $153k against liabilities of $3,460, net assets of $150k. It reported 4 employees.