Wanda Alston Foundation

Analysis

Wanda Alston Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2023, Wanda Alston Foundation reported income of $1.5m and spending of $1.8m, spending 115% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $578k to $1.5m (+163%), an average of +27% a year. The sharpest change came in the year to September 2021, when income rose by 70%. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Wanda Alston Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 62nd percentile within DC. Charities of a similar size with the same main cause include Bernardine Apartments Inc ($1.5m), Upland Community Housing Inc ($1.5m) and Kenmore Housing Development Fund Corporation ($1.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $167k (9.5% of expenses). Other salaries and wages came to $844k. At year end it held assets of $678k against liabilities of $174k, net assets of $505k. It reported 52 employees.