Waugh Invests in Student Excellence Education Foundation Inc

Analysis

Waugh Invests in Student Excellence Education Foundation Inc is a registered charity in United States, based in Petaluma, CA. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Waugh Invests in Student Excellence Education Foundation Inc reported income of $271k and spending of $158k, leaving 42% of income unspent that year. Across the 3 years on record, from June 2020 to June 2023, income grew from $200k to $271k (+36%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 67%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Waugh Invests in Student Excellence Education Foundation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Ace Mentor Program of America Inc ($271k), Morning Glory Montessori ($271k) and Jbe One ($271k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 7.0% of the total. At year end it held assets of $573k against liabilities of $0, net assets of $573k.