Warm Blessings Inc

Analysis

Warm Blessings Inc is a registered charity in United States, based in Elizabethtown, KY. It received its IRS tax-exemption ruling in July 2006, 20 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 December 2023, Warm Blessings Inc reported income of $380k and spending of $550k, spending 145% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $145k to $380k (+163%), an average of +27% a year. The sharpest change came in the year to December 2020, when income rose by 144%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Warm Blessings Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within KY. Charities of a similar size with the same main cause include Cause Foundation ($380k), Inn Ministries Inc ($380k) and Gatesville Care Center ($380k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $60k (11% of expenses). Other salaries and wages came to $115k. At year end it held assets of $561k against liabilities of $18k, net assets of $543k. It reported 6 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.