Widows Mite Foundation
EIN: 273464576 · Huntsville, AL · NTEE: O12
| Metric | Value |
|---|---|
| Total Revenue | $6K |
| Total Expenses | $445 |
| Net Assets | $15K |
Is Widows Mite Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Widows Mite Foundation
Widows Mite Foundation (EIN: 273464576) is a nonprofit organization based in Huntsville, AL, classified under NTEE code O12. The organization reported total revenue of $6K and total assets of $15K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Widows Mite Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Widows Mite Foundation is a micro nonprofit that has been operating for 14 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -11.1%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $6K |
| Total Expenses | $445 |
| Surplus / Deficit | +$5K |
| Total Assets | $15K |
| Net Assets | $15K |
| Operating Margin | 91.9% |
| Months of Reserves | 393.5 months |
Financial Health Grade: A
In 2022, Widows Mite Foundation reported a surplus of $5K with revenue exceeding expenses, holds 393.5 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2022), Widows Mite Foundation's revenue has declined at a compound annual growth rate (CAGR) of -11.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -100.0% | — | -5.1% |
| 2020 | -98.7% | -100.0% | +1.0% |
| 2019 | +22.9% | -89.4% | +230.7% |
| 2018 | +540.0% | +9.0% | -45.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Widows Mite Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Widows Mite Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $5K, with revenue exceeding expenses.
Frequently Asked Questions about Widows Mite Foundation
Is Widows Mite Foundation a legitimate charity?
Widows Mite Foundation (EIN: 273464576) is a registered tax-exempt nonprofit based in Alabama. It has 12 years of IRS 990 filings on record. Total revenue: $6K. No red flags identified. Financial health grade: A.
How does Widows Mite Foundation spend its money?
Widows Mite Foundation reported $6K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Widows Mite Foundation tax-deductible?
Widows Mite Foundation is registered as a tax-exempt nonprofit (EIN: 273464576). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Widows Mite Foundation located?
Widows Mite Foundation is headquartered in Huntsville, Alabama and files with the IRS under EIN 273464576. It is classified under NTEE code O12.
How many years of IRS 990 filings does Widows Mite Foundation have?
Widows Mite Foundation has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $6K in total revenue.
Filing History
IRS 990 filing history for Widows Mite Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Widows Mite Foundation's revenue has declined by 72.7%, moving from $20K to $6K. Total assets decreased by 33.8% over the same period, from $22K to $15K. Total functional expenses fell by 97.2%, from $16K to $445. In its most recent filing year (2022), Widows Mite Foundation reported a surplus of $5K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $6K | $445 | $15K | $0 | — | View 990 |
| 2021 | $0 | $509 | $10K | $0 | — | View 990 |
| 2020 | $100 | $0 | $10K | $0 | — | — |
| 2019 | $8K | $936 | $10K | $0 | — | View 990 |
| 2018 | $6K | $9K | $3K | $0 | — | View 990 |
| 2017 | $1K | $8K | $5K | $0 | — | View 990 |
| 2016 | $6K | $11K | $13K | $0 | — | View 990 |
| 2015 | $6K | $5K | $18K | $0 | — | View 990 |
| 2014 | $10K | $5K | $17K | $0 | — | View 990 |
| 2013 | $3K | $9K | $11K | $0 | — | View 990 |
| 2012 | $14K | $19K | $18K | $0 | — | View 990 |
| 2011 | $20K | $16K | $22K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $6K, expenses of $445, and assets of $15K.
- 2021: Revenue of $0, expenses of $509, and assets of $10K (revenue -100.0% year-over-year).
- 2020: Revenue of $100, expenses of $0, and assets of $10K (revenue -98.7% year-over-year).
- 2019: Revenue of $8K, expenses of $936, and assets of $10K (revenue +22.9% year-over-year).
- 2018: Revenue of $6K, expenses of $9K, and assets of $3K (revenue +540.0% year-over-year).
- 2017: Revenue of $1K, expenses of $8K, and assets of $5K (revenue -83.3% year-over-year).
- 2016: Revenue of $6K, expenses of $11K, and assets of $13K (revenue +4.3% year-over-year).
- 2015: Revenue of $6K, expenses of $5K, and assets of $18K (revenue -45.1% year-over-year).
- 2014: Revenue of $10K, expenses of $5K, and assets of $17K (revenue +249.0% year-over-year).
- 2013: Revenue of $3K, expenses of $9K, and assets of $11K (revenue -79.2% year-over-year).
- 2012: Revenue of $14K, expenses of $19K, and assets of $18K (revenue -28.4% year-over-year).
- 2011: Revenue of $20K, expenses of $16K, and assets of $22K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Widows Mite Foundation:
Data Sources and Methodology
This transparency report for Widows Mite Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.