Fields of Wheat Inc

Analysis

Fields of Wheat Inc is a registered charity in United States, based in Middlefield, OH. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Fields of Wheat Inc reported income of $547k and spending of $427k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $54k to $547k (+911%), an average of +78% a year. The sharpest change came in the year to December 2021, when income rose by 231%. Over the whole period it spent 115% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Fields of Wheat Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within OH. Charities of a similar size with the same main cause include Athens United Soccer Association Inc ($547k), Big Brothers Big Sisters of the Triangle Inc ($548k) and Premier Baseball Club ($547k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $441k against liabilities of $0, net assets of $441k.