Ncwedd

Analysis

Ncwedd is a registered charity in United States, based in Wenatchee, WA. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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 2022, Ncwedd reported income of $360k and spending of $372k, spending 103% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $218k to $360k (+65%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 749%. Over the whole period it spent 105% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Ncwedd sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within WA. Charities of a similar size with the same main cause include Downtown Wichita Falls Development Inc ($360k), Hometown Connect Inc ($360k) and Openstreetmap United States Inc ($360k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 93% and program service revenue 7.3% of the total. Other salaries and wages came to $115k. At year end it held assets of $36k against liabilities of $1,177, net assets of $35k. It reported 5 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.