Why Not Bless Inc

Analysis

Why Not Bless Inc is a registered charity in United States, based in Aledo, TX. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Why Not Bless Inc reported income of $605k and spending of $774k, spending 128% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $381k to $605k (+59%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Why Not Bless Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Tom Short Campus Ministries ($605k), United Community Center Inc ($606k) and Vaad Hakohol Deschunas Crown Heights ($605k).

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 $221k (29% of expenses). At year end it held assets of $182k against liabilities of $49k, net assets of $133k. It reported 2 employees.