Werner Cares Fund

Analysis

Werner Cares Fund is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Werner Cares Fund reported income of $122k and spending of $104k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $99k to $122k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 56% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Werner Cares Fund sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within NE. Charities of a similar size with the same main cause include Courageous Faces Foundation ($122k), Community Support Center ($122k) and Exeter Area Charitable Foundation ($122k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $98k against liabilities of $0, net assets of $98k.