Wahlbangers Drum Circle

Analysis

Wahlbangers Drum Circle is a registered charity in United States, based in N Hollywood, CA. It received its IRS tax-exemption ruling in May 2013, 13 years ago. Its declared purposes cover mental health and crisis intervention, 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, Wahlbangers Drum Circle reported income of $167k and spending of $176k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $141k to $167k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 108% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Wahlbangers Drum Circle sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Tennessee Orthopaedic Foundation for Education and Research Tofer ($167k), Genesis House- a New Beginning ($167k) and Illinois Burn Prevention Associaton ($167k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. At year end it held assets of $4,763 against liabilities of $53k, net assets of -$49k.