Wayne Cares Inc

Analysis

Wayne Cares Inc is a registered charity in United States, based in Goldsboro, NC. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover health care, 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, Wayne Cares Inc reported income of $321k and spending of $327k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $17k to $321k (+1748%), an average of +1748% a year. The sharpest change came in the year to December 2023, when income rose by 1748%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Wayne Cares Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within NC. Charities of a similar size with the same main cause include Chandler Project ($321k), Favor Western Pa - Bolivar Community Center ($321k) and Faithbridge Portland ($321k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $656 against liabilities of $0, net assets of $656.