Waggle Foundation Inc

Analysis

Waggle Foundation Inc is a registered charity in United States, based in Hadlyme, CT. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Waggle Foundation Inc reported income of $1.2m and spending of $1.2m, spending 102% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $807k to $1.2m (+48%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 96% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Waggle Foundation Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within CT. Charities of a similar size with the same main cause include Mississippi Animal Rescue League ($1.2m), Humane Society of Polk County Inc ($1.2m) and Belleville Area Humane Society ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 4.1% of the total. Other salaries and wages came to $168k. At year end it held assets of $140k against liabilities of $633k, net assets of -$493k. It reported 1 employees.