Wofl Inc

Analysis

Wofl Inc is a registered charity in United States, based in Maricopa, AZ. It received its IRS tax-exemption ruling in April 2011, 15 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Wofl Inc reported income of $147k and spending of $130k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $41k to $147k (+255%), an average of +255% a year. The sharpest change came in the year to December 2023, when income rose by 255%. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Wofl Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within AZ. Charities of a similar size with the same main cause include Truth of Life Inc ($147k), The@way Christian Youth Ministries of Trigg County Ky Inc ($147k) and Dave Walton Evangelistic Association Inc ($147k).

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 $17k against liabilities of $0, net assets of $17k.