Wedignify

Analysis

Wedignify is a registered charity in United States, based in Champaign, IL. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Wedignify reported income of $460k and spending of $477k, spending 104% of its income. Across the 5 years on record, from December 2019 to June 2023, income fell from $518k to $460k (-11%), an average of -3.0% a year. The sharpest change came in the year to June 2022, when income rose by 104%. Over the whole period it spent 97% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Wedignify sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within IL. Charities of a similar size with the same main cause include Morgan County Child Advocacy Center Inc ($459k), University Student Legal Services ($460k) and Sit-In Movement Inc ($459k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $58k (12% of expenses). Other salaries and wages came to $178k. At year end it held assets of $168k against liabilities of $1,737, net assets of $167k. It reported 6 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.