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Medicinal Whiskey Charity Inc

RegisteredEIN 85-4228712Greenville, SCHealth and saving lives
Income$573k2022-12
Spending$490ksame year
Spent / received81%2-year average
Size in its cause57th pctHealth and saving lives
Exempt since2021Publicly supported organisat
Employees0latest return

Analysis

Medicinal Whiskey Charity Inc is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2022, Medicinal Whiskey Charity Inc reported income of $573k and spending of $490k, spending 85% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $266k to $573k (+116%), an average of +116% a year. The sharpest change came in the year to December 2022, when income rose by 116%. Over the whole period it spent 81% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Medicinal Whiskey Charity 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 72nd percentile, and in the 77th percentile within SC. Charities of a similar size with the same main cause include Sentinel Primary Care ($573k), Alternative Healing Network Inc ($574k) and Kruzn for a Kure Foundation ($573k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 75% of the total. At year end it held assets of $157k against liabilities of $0, net assets of $157k.

Income and spending

$0$143k$287k$430k$573k2021 Income: $265,9372021 Spending: $192,54720212022 Income: $573,3892022 Spending: $489,6442022
IncomeSpending

Where the income comes from

  • Contributions & grants 75%
  • Other 25%

Similar-sized charities, same cause

CharityLocationIncome
Sentinel Primary CareRaleigh$573k
Alternative Healing Network IncSan Diego$574k
Kruzn for a Kure FoundationMuscle Shoals$573k
Closing the Gap in Health Care IncNorth Charleston$574k