Wa Wui Ltd

Analysis

Wa Wui Ltd is a registered charity in United States, based in Tomahawk, WI. It received its IRS tax-exemption ruling in February 1986, 40 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 May 2023, Wa Wui Ltd reported income of $178k and spending of $95k, leaving 47% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income grew from $85k to $178k (+110%), an average of +20% a year. The sharpest change came in the year to May 2022, when income rose by 70%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wa Wui Ltd sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within WI. Charities of a similar size with the same main cause include Values to Action ($178k), Community Trust Fund of Volunteer League of San Fernando Valley ($178k) and Triangle Club Inc ($178k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 0.5% and program service revenue 80% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.