Wishforward Educational Foundation Inc

Analysis

Wishforward Educational Foundation Inc is a registered charity in United States, based in Marina Del Ray, CA. It received its IRS tax-exemption ruling in October 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Wishforward Educational Foundation Inc reported income of $513k and spending of $25k, leaving 95% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $53k to $513k (+872%), an average of +872% a year. The sharpest change came in the year to June 2023, when income rose by 872%. Over the whole period it spent 5.3% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wishforward Educational Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Processing Foundation ($513k), Jardin de LA Infancia ($513k) and Winston Knolls Foundation for Thriving with Autism ($513k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% of the total. At year end it held assets of $627k against liabilities of $901, net assets of $626k.