Westaid

Analysis

Westaid is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Westaid reported income of $1.0m and spending of $990k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $919k to $1.0m (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2021, when income rose by 92%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Westaid sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include New Creation Foundation Inc ($1.0m), Hubbard House Foundation Inc ($1.0m) and Yavapai Casa for Kids Foundation ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $143k. At year end it held assets of $175k against liabilities of $4,416, net assets of $170k. It reported 6 employees.