More Than Welcome Inc

Analysis

More Than Welcome Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in August 2022, 4 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, More Than Welcome Inc reported income of $211k and spending of $115k, leaving 46% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $100 to $211k (+211367%), an average of +211367% a year. The sharpest change came in the year to December 2023, when income rose by 211367%. Over the whole period it spent 54% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, More Than Welcome Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within TX. Charities of a similar size with the same main cause include Daytona Outtreach Center Inc ($211k), JMH Ministries ($211k) and Revival Life Ministries ($211k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $91k against liabilities of $0, net assets of $91k.