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We Care Wsmga

RegisteredEIN 46-2703437Raleigh, NCGrant-making and general purposes
Income$93k2023-12
Spending$66ksame year
Spent / received96%2-year average
Size in its cause40th pctGrant-making and general purposes
Exempt since2013Publicly supported organisat
Employees–latest return

Analysis

We Care Wsmga is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in August 2013, 13 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, We Care Wsmga reported income of $93k and spending of $66k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $84k to $93k (+10%), an average of +10% a year. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, We Care Wsmga sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within NC. Charities of a similar size with the same main cause include Ukrainian Gift of Life Inc ($93k), A Better World Community Development Corporation ($93k) and Fishers High School PTO Inc ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 52% of the total. At year end it held assets of $94k against liabilities of $0, net assets of $94k.

Income and spending

$0$26k$52k$78k$104k2022 Income: $84,1072022 Spending: $104,42420222023 Income: $92,6322023 Spending: $65,9702023
IncomeSpending

Where the income comes from

  • Contributions & grants 52%
  • Other 48%

Similar-sized charities, same cause

CharityLocationIncome
Ukrainian Gift of Life IncGlen Rock$93k
A Better World Community Development CorporationBrooklyn$93k
Fishers High School PTO IncFishers$93k
North Central Rotary Club Charity Fund IncSan Antonio$93k