Midwest Dharma Wheel Contemplative & Healing Arts Inc

Analysis

Midwest Dharma Wheel Contemplative & Healing Arts Inc is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Midwest Dharma Wheel Contemplative & Healing Arts Inc reported income of $137k and spending of $162k, spending 118% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $227k to $137k (-40%), an average of -16% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 70% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Midwest Dharma Wheel Contemplative & Healing Arts Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NE. Charities of a similar size with the same main cause include Center for Spirituality in Nature ($137k), Childrens Redeemed International Inc ($137k) and Athens Prayer Network Inc ($137k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.1% and program service revenue 99% of the total. At year end it held assets of $508k against liabilities of $117k, net assets of $391k. It reported 2 employees.