Waza Alliance for Quality Education Inc

Analysis

Waza Alliance for Quality Education Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in August 2010, 16 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 September 2023, Waza Alliance for Quality Education Inc reported income of $59k and spending of $64k, spending 107% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income fell from $74k to $59k (-19%), an average of -20% a year. The sharpest change came in the year to September 2023, when income dropped by 19%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Waza Alliance for Quality Education Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 20th percentile within IN. Charities of a similar size with the same main cause include Coalition for People in Need ($59k), Phoenix Computers Inc ($59k) and Orchard Road Community Outreach Inc ($59k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 46% and program service revenue 54% of the total. At year end it held assets of $104k against liabilities of $7,860, net assets of $96k.