We Care Project

Analysis

We Care Project is a registered charity in United States, based in Morgan, MN. It received its IRS tax-exemption ruling in February 2013, 13 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, We Care Project reported income of $106k and spending of $120k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $83k to $106k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 118% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, We Care Project sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within MN. Charities of a similar size with the same main cause include Providential Resource Partners ($106k), Showered with Love ($106k) and Bethesda-Chevy Chase Meals on Wheels Inc ($106k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $161k against liabilities of $0, net assets of $161k.