W a Y Widening Advancements for Youth

Analysis

W a Y Widening Advancements for Youth is a registered charity in United States, based in Belleville, MI. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, W a Y Widening Advancements for Youth reported income of $6.5m and spending of $6.8m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $7.0m to $6.5m (-5.9%), an average of -1.5% a year. The sharpest change came in the year to June 2023, when income dropped by 15%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, W a Y Widening Advancements for Youth sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within MI. Charities of a similar size with the same main cause include Down East Partnership for Children ($6.5m), Athletic Foundation of the Univ of North Carolina at Charlotte ($6.5m) and Caroline D Bradley Association of Scholars ($6.5m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $788k (11% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $114k against liabilities of $40k, net assets of $75k. It reported 67 employees.