Lynn Wheeler Ministries Inc

Analysis

Lynn Wheeler Ministries Inc is a registered charity in United States, based in Mustang, OK. It received its IRS tax-exemption ruling in April 1991, 35 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 December 2023, Lynn Wheeler Ministries Inc reported income of $327k and spending of $283k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $263k to $327k (+24%), an average of +5.6% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lynn Wheeler Ministries Inc 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 63rd percentile, and in the 64th percentile within OK. Charities of a similar size with the same main cause include Takoma Park Cooperative Nursery School Inc ($327k), Alpha Omega Council Inc ($327k) and PTA Florida Congress ($327k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $146k (52% of expenses). At year end it held assets of $149k against liabilities of $5,528, net assets of $144k. It reported 2 employees.