Wambale Inc

Analysis

Wambale Inc is a registered charity in United States, based in Longmont, CO. It received its IRS tax-exemption ruling in April 2012, 14 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Wambale Inc reported income of $104k and spending of $107k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $123k to $104k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 113% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Wambale Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 34th percentile within CO. Charities of a similar size with the same main cause include Seeds to Sew International Inc ($104k), Christian Anti-Communism Crusade ($104k) and Logos 114 Project ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $171k against liabilities of $0, net assets of $171k.