Wheatheart Nutrition Project Inc

Analysis

Wheatheart Nutrition Project Inc is a registered charity in United States, based in Blackwell, OK. It received its IRS tax-exemption ruling in January 1986, 40 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 (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 2023, Wheatheart Nutrition Project Inc reported income of $2.9m and spending of $3.0m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $2.9m (+39%), an average of +8.5% a year. The sharpest change came in the year to June 2021, when income rose by 42%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wheatheart Nutrition Project Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within OK. Charities of a similar size with the same main cause include Williamsburg-James City County Community Action Agency Inc ($2.9m), Humangood Foundation South ($2.9m) and New Horizons of Southwest ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 42% and program service revenue 57% of the total. Other salaries and wages came to $899k. At year end it held assets of $671k against liabilities of $248k, net assets of $423k. It reported 96 employees.