The Wsia Education Foundation

Analysis

The Wsia Education Foundation is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in August 1992, 34 years ago. 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, The Wsia Education Foundation reported income of $1.4m and spending of $931k, leaving 33% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $281k to $1.4m (+397%), an average of +38% a year. The sharpest change came in the year to December 2019, when income rose by 320%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Wsia Education Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within MO. Charities of a similar size with the same main cause include Arizona Burn Foundation Inc ($1.4m), Shrine School for Handicapped Children ($1.4m) and Camp Morrow Bible Conference ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 15% of the total. At year end it held assets of $14.5m against liabilities of $698k, net assets of $13.9m.