Wahoo Community Foundation

Analysis

Wahoo Community Foundation is a registered charity in United States, based in Wahoo, NE. It received its IRS tax-exemption ruling in December 1989, 37 years ago. 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, Wahoo Community Foundation reported income of $599k and spending of $223k, leaving 63% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $257k to $599k (+134%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 287%. Over the whole period it spent 55% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wahoo Community Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within NE. Charities of a similar size with the same main cause include Cleveland Modern Dance Association ($599k), Volunteers of America Inc ($599k) and North Shore Nursery School ($599k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 11% of the total. At year end it held assets of $3.8m against liabilities of $12k, net assets of $3.8m.