Wheat Marketing Center Inc

Analysis

Wheat Marketing Center Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in September 1996, 30 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 June 2023, Wheat Marketing Center Inc reported income of $1.5m and spending of $1.5m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $1.5m (+4.5%), an average of +1.1% a year. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wheat Marketing Center Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within OR. Charities of a similar size with the same main cause include Bethel Colony of Mercy Inc ($1.5m), Long Island Royals Junior Hockey Club Inc ($1.5m) and Georgia Coalition Against Domestic Violence Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $256k (17% of expenses). Other salaries and wages came to $432k. At year end it held assets of $5.1m against liabilities of $3.5m, net assets of $1.6m. It reported 11 employees.