We Charity

Analysis

We Charity is a registered charity in United States, based in Williamsville, NY. It received its IRS tax-exemption ruling in September 1997, 29 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 August 2023, We Charity reported income of $2.4m and spending of $6.2m, spending 258% of what it took in. Across the 4 years on record, from August 2020 to August 2023, income fell from $31.1m to $2.4m (-92%), an average of -57% a year. The sharpest change came in the year to August 2023, when income dropped by 73%. Over the whole period it spent 94% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, We Charity sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include Life Line of Hope a Non-Profit ($2.4m), Junior Achievement of South Central Pennsylvania ($2.4m) and Refugee Solidarity Network Inc ($2.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 72% of the total. Other salaries and wages came to $316k. At year end it held assets of $13.4m against liabilities of $853k, net assets of $12.5m. It reported 5 employees.