Wpa Ministries

Analysis

Wpa Ministries is a registered charity in United States, based in Wylie, TX. It received its IRS tax-exemption ruling in December 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Wpa Ministries reported income of $3.0m and spending of $3.0m, spending 100% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $2.2m to $3.0m (+36%), an average of +11% a year. The sharpest change came in the year to May 2022, when income rose by 17%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wpa Ministries sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include James Irwin Educational Foundation ($3.0m), Two Bit Circus Foundation ($3.0m) and Career Edvantage ($3.0m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 7.8% and program service revenue 86% of the total. Other salaries and wages came to $1.7m. At year end it held assets of $5.5m against liabilities of $3.6m, net assets of $1.9m. It reported 129 employees.