Waaw Foundation

Analysis

Waaw Foundation is a registered charity in United States, based in McKinney, TX. It received its IRS tax-exemption ruling in November 2007, 19 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 2023, Waaw Foundation reported income of $134k and spending of $235k, spending 175% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $185k to $134k (-28%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 119% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Waaw Foundation 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 44th percentile, and in the 48th percentile within TX. Charities of a similar size with the same main cause include Elk Grove Village Italian Sister Cities Inc ($134k), Volunteers Association for Bangladesh ($134k) and 516 Now Inc ($134k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 1.6% of the total. At year end it held assets of $118k against liabilities of $0, net assets of $118k.