Wya Foundation Inc

Analysis

Wya Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Wya Foundation Inc reported income of $767k and spending of $731k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $913k to $767k (-16%), an average of -4.3% a year. The sharpest change came in the year to December 2020, when income dropped by 37%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Wya Foundation Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Riverzedge Arts Project ($766k), Harrison County Agri-Business Association ($767k) and Santa Rosa Kids House Inc ($766k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.6% of the total. Compensation of current officers, directors and key employees was $25k (3.4% of expenses). Other salaries and wages came to $128k. At year end it held assets of $186k against liabilities of $17k, net assets of $169k. It reported 5 employees.