Wca Foundation Inc

Analysis

Wca Foundation Inc is a registered charity in United States, based in Jamestown, NY. It received its IRS tax-exemption ruling in June 1982, 44 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Wca Foundation Inc reported income of $710k and spending of $895k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $614k to $710k (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2020, when income rose by 105%. Over the whole period it spent 75% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Wca Foundation Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include I Am Next Inc ($710k), Arts Beats & Eats Foundation ($711k) and Faith Holistic Academy ($710k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% of the total. At year end it held assets of $18.5m against liabilities of $1.1m, net assets of $17.4m.