Wha Foundation Inc

Analysis

Wha Foundation Inc is a registered charity in United States, based in Fitchburg, WI. It received its IRS tax-exemption ruling in September 1968, 58 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wha Foundation Inc reported income of $57k and spending of $151k, spending 265% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $195k to $57k (-71%), an average of -26% a year. The sharpest change came in the year to December 2021, when income rose by 260%. Over the whole period it spent 182% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wha Foundation Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within WI. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($57k), Community Wins ($57k) and Saratoga Historical Foundation Inc ($57k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $1.1m against liabilities of $8,490, net assets of $1.0m.