Wdbid Management Company

Analysis

Wdbid Management Company is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in February 1996, 30 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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 June 2023, Wdbid Management Company reported income of $3.1m and spending of $3.1m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.3m to $3.1m (-6.9%), an average of -1.8% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wdbid Management Company sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within DE. Charities of a similar size with the same main cause include Camp Fire ($3.1m), Immigrant Law Center of Minnesota Inc ($3.1m) and Mechanics Institute ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.1% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $285k (9.3% of expenses). Other salaries and wages came to $1.7m. It paid $7,727 in professional fundraising fees. At year end it held assets of $3.0m against liabilities of $749k, net assets of $2.2m. It reported 64 employees.