Waves International Inc

Analysis

Waves International Inc is a registered charity in United States, based in Cutler Bay, FL. It received its IRS tax-exemption ruling in November 1994, 32 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Waves International Inc reported income of $74k and spending of $76k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $79k to $74k (-6.6%), an average of -6.6% a year. Over the whole period it spent 105% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Waves International Inc sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 32nd percentile within FL. Charities of a similar size with the same main cause include Camp Talahi Retreat and Nature Center ($74k), Peace of Mind Yogic Center Inc ($74k) and Marcella Foundation ($74k).

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 $8,043 against liabilities of $7,501, net assets of $542.