Weaving Earth Inc
Analysis
Weaving Earth Inc is a registered charity in United States, based in Graton, CA. It received its IRS tax-exemption ruling in February 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Weaving Earth Inc reported income of $925k and spending of $861k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $642k to $925k (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 90% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, Weaving Earth Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Plast Ukrainian Scouting Organization USA ($924k), Urbanpromise Trenton Inc ($925k) and Roam Humanitarian ($924k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $173k (20% of expenses). Other salaries and wages came to $335k. At year end it held assets of $298k against liabilities of $11k, net assets of $287k.
Income and spending
Where the income comes from
- Contributions & grants 43%
- Program services 57%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Plast Ukrainian Scouting Organization USA | Jenkintown | $924k |
| Urbanpromise Trenton Inc | Trenton | $925k |
| Roam Humanitarian | Heber City | $924k |
| Called to Compete Inc | Omaha | $925k |