We3 Missions Inc

Analysis

We3 Missions Inc is a registered charity in United States, based in Boiling SPGS, SC. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, We3 Missions Inc reported income of $319k and spending of $163k, leaving 49% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $162k to $319k (+97%), an average of +25% a year. The sharpest change came in the year to December 2022, when income rose by 200%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, We3 Missions Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within SC. Charities of a similar size with the same main cause include Mansfield Area Community Betterment Organization ($319k), Grafton Township Food Pantry ($319k) and Link Inc ($319k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% of the total. Other salaries and wages came to $25k. At year end it held assets of $235k against liabilities of $0, net assets of $235k.