Wowc Inc

Analysis

Wowc Inc is a registered charity in United States, based in San Leon, TX. It received its IRS tax-exemption ruling in October 2010, 16 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 December 2023, Wowc Inc reported income of $195k and spending of $108k, leaving 45% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $160k to $195k (+22%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 47% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Wowc Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within TX. Charities of a similar size with the same main cause include Hands of Hope for Life ($195k), The Curiosity Shop Inc ($195k) and Sharing Down Syndrome Arizona ($195k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $671k against liabilities of $0, net assets of $671k.