Walk the Walk Foundation Inc

Analysis

Walk the Walk Foundation Inc is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in April 2023, 3 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Walk the Walk Foundation Inc reported income of $147k and spending of $102k, leaving 30% of income unspent that year. Across the 3 years on record, from June 2022 to December 2023, income grew from $117k to $147k (+26%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 60%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Walk the Walk Foundation Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within MD. Charities of a similar size with the same main cause include Exeter Community Education Foundation ($147k), Peer Recovery Connection Inc ($147k) and The Womens Coalition for Empowerment Inc ($147k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $118k against liabilities of $0, net assets of $118k.