Wayside Christian Mission

Analysis

Wayside Christian Mission is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in February 1962, 64 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Wayside Christian Mission reported income of $8.4m and spending of $5.7m, leaving 32% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $5.7m to $8.4m (+48%), an average of +10% a year. The sharpest change came in the year to September 2023, when income rose by 39%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wayside Christian Mission sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within KY. Charities of a similar size with the same main cause include Raleigh County Commission on Aging Inc ($8.4m), Kids Food Basket ($8.4m) and Iowa Odd Fellows and Orphans Home ($8.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 68% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $292k (5.1% of expenses). Other salaries and wages came to $765k. At year end it held assets of $34.7m against liabilities of $614k, net assets of $34.1m. It reported 68 employees.