Wednesdays Gift

Analysis

Wednesdays Gift is a registered charity in United States, based in San Rafael, CA. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Wednesdays Gift reported income of $94k and spending of $67k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $81k to $94k (+15%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wednesdays Gift sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include Friends of the Farm Northport Inc ($94k), Vcaac Inc ($94k) and Lighthouse Harvest Foundation ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 61% of the total. At year end it held assets of $75k against liabilities of $0, net assets of $75k.