Wei Bo Learning Organization Inc

Analysis

Wei Bo Learning Organization Inc is a registered charity in United States, based in Flushing, NY. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Wei Bo Learning Organization Inc reported income of $763k and spending of $628k, spending 82% of its income. Across the 6 years on record, from May 2019 to May 2024, income grew from $531k to $763k (+44%), an average of +7.5% a year. The sharpest change came in the year to May 2024, when income rose by 28%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wei Bo Learning Organization Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Gan Chabad ($763k), College Options Foundation Inc ($763k) and Ps20 Clinton Hills PTA ($762k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 27% and program service revenue 72% of the total. Other salaries and wages came to $230k. At year end it held assets of $731k against liabilities of $290k, net assets of $441k. It reported 18 employees.