Wheat Quality Council

Analysis

Wheat Quality Council is a registered charity in United States, based in Manhattan, KS. It received its IRS tax-exemption ruling in April 1945, 81 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wheat Quality Council reported income of $281k and spending of $279k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $268k to $281k (+5.0%), an average of +1.2% a year. The sharpest change came in the year to December 2022, when income rose by 20%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wheat Quality Council sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within KS. Charities of a similar size with the same main cause include Arkansas Roadhogs Inc ($281k), Mineral Lake Lions Foundation ($282k) and Active Heroes Inc ($281k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $112k (40% of expenses). At year end it held assets of $273k against liabilities of $4,070, net assets of $269k. It reported 1 employees.