Wonderlab

Analysis

Wonderlab is a registered charity in United States, based in Redlands, CA. It received its IRS tax-exemption ruling in August 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, Wonderlab reported income of $2.4m and spending of $2.3m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.4m (+49%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Wonderlab sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Liberty Centre Services Inc ($2.4m), Society of Urologic Oncology ($2.4m) and Butterfly Support Services ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 100% of the total. Other salaries and wages came to $1.8m. At year end it held assets of $434k against liabilities of $4,053, net assets of $430k. It reported 42 employees.