Weaverland Financial Aid of Wisconsin

Analysis

Weaverland Financial Aid of Wisconsin is a registered charity in United States, based in Loyal, WI. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Weaverland Financial Aid of Wisconsin reported income of $986k and spending of $975k, spending 99% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $631k to $986k (+56%), an average of +12% a year. The sharpest change came in the year to July 2023, when income rose by 89%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Weaverland Financial Aid of Wisconsin sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within WI. Charities of a similar size with the same main cause include Ciudad Nueva Community Outreach Inc ($985k), One Ministries Inc ($987k) and Nebraska United Methodist Foundation ($985k).

On its Form 990 for the period ending July 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $19.1m against liabilities of $19.1m, net assets of -$2,708.