W a V E Educational Fund Inc

Analysis

W a V E Educational Fund Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in November 1998, 28 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, W a V E Educational Fund Inc reported income of $511k and spending of $567k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $614k to $511k (-17%), an average of -4.5% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 82% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, W a V E Educational Fund Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within WI. Charities of a similar size with the same main cause include Illinois Valley Safehouse Alliance ($510k), Save Our Youth ($511k) and Scatter Joy Acres ($510k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $141k (25% of expenses). Other salaries and wages came to $242k. At year end it held assets of $1.0m against liabilities of $31k, net assets of $1.0m. It reported 7 employees.