Wesley Heritage Foundation

Analysis

Wesley Heritage Foundation is a registered charity in United States, based in Midland, GA. It received its IRS tax-exemption ruling in November 1993, 33 years ago. 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 June 2024, Wesley Heritage Foundation reported income of $312k and spending of $271k, spending 87% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $187k to $312k (+67%), an average of +29% a year. The sharpest change came in the year to June 2024, when income rose by 47%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wesley Heritage Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within GA. Charities of a similar size with the same main cause include Roslyn Fire Co No 1 ($312k), Emma Freeman Trust 2114 ($312k) and Hanwash USA Inc ($312k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $131k (48% of expenses). Other salaries and wages came to $81k. At year end it held assets of $77k against liabilities of $4,134, net assets of $73k. It reported 4 employees.