Well Aware Inc

Analysis

Well Aware Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in October 2008, 18 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 December 2022, Well Aware Inc reported income of $1.5m and spending of $1.5m, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.1m to $1.5m (+41%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 30%. 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, Well Aware Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Visions Global Empowerment ($1.5m), Global Financial Integrity ($1.5m) and Arms Control Association ($1.5m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 104% of the total. Compensation of current officers, directors and key employees was $181k (12% of expenses). Other salaries and wages came to $271k. At year end it held assets of $522k against liabilities of $78k, net assets of $444k. It reported 9 employees.