Wayland Union Education Enrichment Foundation

Analysis

Wayland Union Education Enrichment Foundation is a registered charity in United States, based in Wayland, MI. It received its IRS tax-exemption ruling in December 1991, 35 years ago. 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, Wayland Union Education Enrichment Foundation reported income of $51k and spending of $67k, spending 131% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $121k to $51k (-57%), an average of -25% a year. The sharpest change came in the year to June 2021, when income dropped by 55%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wayland Union Education Enrichment Foundation sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within MI. Charities of a similar size with the same main cause include Volunteers of America Inc ($51k), Alano Society of Mankato Inc ($51k) and South Florida Golf Foundation Inc ($51k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $630k against liabilities of $0, net assets of $630k.