Wetsembekile Ministries

Analysis

Wetsembekile Ministries is a registered charity in United States, based in Centennial, CO. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Wetsembekile Ministries reported income of $512k and spending of $449k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $201k to $512k (+154%), an average of +154% a year. The sharpest change came in the year to December 2023, when income rose by 154%. Over the whole period it spent 93% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Wetsembekile Ministries sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 68th percentile within CO. Charities of a similar size with the same main cause include Mission of Hope Bolivia ($512k), People of Peru Project ($512k) and Cherry Avenue Foundation ($511k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $80k (18% of expenses). At year end it held assets of $100k against liabilities of $2,032, net assets of $98k. It reported 2 employees.