Won Edification Center Ofpennsylvania Inc

Analysis

Won Edification Center Ofpennsylvania Inc is a registered charity in United States, based in Glenside, PA. It received its IRS tax-exemption ruling in February 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Won Edification Center Ofpennsylvania Inc reported income of $940k and spending of $426k, leaving 55% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.8m to $940k (-48%), an average of -15% a year. The sharpest change came in the year to December 2023, when income rose by 492%. Over the whole period it spent 36% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Won Edification Center Ofpennsylvania Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within PA. Charities of a similar size with the same main cause include The Tri-Faith Initiative of Omaha Nebraska ($939k), Church Planting Leadership ($940k) and Created Institute Inc ($939k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $39k. At year end it held assets of $5.9m against liabilities of $0, net assets of $5.9m. It reported 3 employees.