American Wheat Mission Inc

Analysis

American Wheat Mission Inc is a registered charity in United States, based in Santa Fe SPGS, CA. It received its IRS tax-exemption ruling in September 1994, 32 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, American Wheat Mission Inc reported income of $839k and spending of $835k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $767k to $839k (+9.4%), an average of +2.3% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Wheat Mission Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Freedom Farm Ministries ($839k), Spiritus Ministries Inc ($839k) and USA Swimming Inc ($839k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $50k (6.0% of expenses). Other salaries and wages came to $115k. At year end it held assets of $445k against liabilities of $159k, net assets of $285k. It reported 8 employees.