Wake Foundation

Analysis

Wake Foundation is a registered charity in United States, based in Poplar Bluff, MO. It received its IRS tax-exemption ruling in June 2011, 15 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, Wake Foundation reported income of $387k and spending of $386k, spending 100% of its income. Across the 2 years on record, from December 2021 to December 2023, income grew from $312k to $387k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wake Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within MO. Charities of a similar size with the same main cause include Mothers of Hope ($387k), Susie QS Kids Inc ($387k) and Alabama Cattlemens Foundation Inc ($387k).

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 $5,048 against liabilities of $0, net assets of $5,048.