Wegoja Foundation

Analysis

Wegoja Foundation is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in December 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Wegoja Foundation reported income of $243k and spending of $571k, spending 235% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $307k to $243k (-21%), an average of -11% a year. The sharpest change came in the year to June 2023, when income rose by 144%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wegoja Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 63rd percentile within SC. Charities of a similar size with the same main cause include Slippery Rock University Alumni Assoc ($243k), Cedar Hill Home & School Corp ($243k) and The Learning Instinct Inc ($243k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $78k (14% of expenses). At year end it held assets of $245k against liabilities of $132k, net assets of $113k.