The Wunderglo Foundation

Analysis

The Wunderglo Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, The Wunderglo Foundation reported income of $224k and spending of $215k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $164k to $224k (+36%), an average of +8.0% a year. The sharpest change came in the year to December 2020, when income rose by 78%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Wunderglo Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Mary Grace Memorial Fund ($224k), Franciscan Health Partnership Inc ($224k) and Lives Transforming Group Inc ($224k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $60k (28% of expenses). Other salaries and wages came to $7,936. At year end it held assets of $208k against liabilities of $0, net assets of $208k. It reported 2 employees.