Wise Area Relief Mission Inc

Analysis

Wise Area Relief Mission Inc is a registered charity in United States, based in Decatur, TX. It received its IRS tax-exemption ruling in November 2000, 26 years ago. Its declared purposes cover human services, 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 December 2023, Wise Area Relief Mission Inc reported income of $1.2m and spending of $1.1m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.8m to $1.2m (-33%), an average of -9.7% a year. The sharpest change came in the year to December 2020, when income dropped by 21%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wise Area Relief Mission Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include Shining Hope Farms ($1.2m), Serenity House Inc ($1.2m) and The Center Incorporated ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $60k (5.5% of expenses). Other salaries and wages came to $85k. At year end it held assets of $810k against liabilities of $7,529, net assets of $802k. It reported 7 employees.