Middle Way Initiative Inc
Analysis
Middle Way Initiative Inc is a registered charity in United States, based in Wheeling, WV. It received its IRS tax-exemption ruling in March 2020, 6 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, Middle Way Initiative Inc reported income of $86k and spending of $63k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $79k to $86k (+8.6%), an average of +8.6% a year. Over the whole period it spent 81% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Middle Way Initiative Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 30th percentile within WV. Charities of a similar size with the same main cause include Catapult Inc ($86k), Like Elijah Ministry Inc ($86k) and Real Party Ministry ($86k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.
Income and spending
Where the income comes from
- Contributions & grants 66%
- Program services 34%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Catapult Inc | Waterford | $86k |
| Like Elijah Ministry Inc | Krebs | $86k |
| Real Party Ministry | Hamilton | $86k |
| Indeos Foundation | Vernon Hills | $86k |