Wesley Commons

Analysis

Wesley Commons is a registered charity in United States, based in Greenwood, SC. It received its IRS tax-exemption ruling in June 1999, 27 years ago. Its declared purposes cover human services, 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 September 2023, Wesley Commons reported income of $24.9m and spending of $26.8m, spending 107% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $21.0m to $24.9m (+19%), an average of +4.4% a year. 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, Wesley Commons sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within SC. Charities of a similar size with the same main cause include Beverly Farm Foundation ($24.9m), Realistic Education in Action Coalition to Foster Health ($24.9m) and Community Counseling and Mediation Service Inc ($24.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 2.4% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $1.2m (4.3% of expenses). Other salaries and wages came to $8.2m. At year end it held assets of $67.2m against liabilities of $72.1m, net assets of -$4.9m. It reported 488 employees.