Little Wheats Inc

Analysis

Little Wheats Inc is a registered charity in United States, based in Moro, OR. It received its IRS tax-exemption ruling in February 2009, 17 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, Little Wheats Inc reported income of $101k and spending of $118k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $142k to $101k (-29%), an average of -29% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. 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, Little Wheats Inc sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within OR. Charities of a similar size with the same main cause include Recovery Point Ministry ($101k), Beacon Incorporated ($101k) and National Matching Program LLC ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 57% of the total. At year end it held assets of $175k against liabilities of $2,048, net assets of $173k.