West Virginia Institute for Spirituality Inc

Analysis

West Virginia Institute for Spirituality Inc is a registered charity in United States, based in Charleston, WV. It received its IRS tax-exemption ruling in February 2001, 25 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, West Virginia Institute for Spirituality Inc reported income of $276k and spending of $213k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $267k to $276k (+3.4%), an average of +0.8% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 77% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, West Virginia Institute for Spirituality Inc sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within WV. Charities of a similar size with the same main cause include Cathedral Connection Ministry Inc ($276k), Friends of the Bridegroom ($276k) and Neck Ministries ($276k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 39% of the total. At year end it held assets of $831k against liabilities of $6,852, net assets of $824k.