Wybsl Inc

Analysis

Wybsl Inc is a registered charity in United States, based in Westford, MA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Wybsl Inc reported income of $169k and spending of $113k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $167k to $169k (+1.2%), an average of +1.2% a year. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wybsl Inc sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within MA. Charities of a similar size with the same main cause include New Technology Made Simple Now Inc ($169k), Michigan Foster Care Closet ($169k) and Lawton Farmes Market Institute ($169k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.8% of the total. At year end it held assets of $266k against liabilities of $0, net assets of $266k.