Wys Inc

Analysis

Wys Inc is a registered charity in United States, based in Westfield, IN. It received its IRS tax-exemption ruling in January 1997, 29 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, Wys Inc reported income of $805k and spending of $775k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $628k to $805k (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2021, when income rose by 74%. Over the whole period it spent 94% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Wys Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within IN. Charities of a similar size with the same main cause include Paradise Atlanta Westside Enrichment Center Inc ($804k), Shakopee Soccer Association ($805k) and Girls Incorporated of Sioux City ($803k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.3% and program service revenue 92% of the total. Other salaries and wages came to $32k. At year end it held assets of $740k against liabilities of $53k, net assets of $687k.