We Care Endowment

Analysis

We Care Endowment is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, We Care Endowment reported income of $78k and spending of $555k, spending 711% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $102k to $78k (-24%), an average of -13% a year. The sharpest change came in the year to December 2022, when income dropped by 26%. Over the whole period it spent 279% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, We Care Endowment sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within NE. Charities of a similar size with the same main cause include Professionals Miracles Foundation ($78k), Midday Charity Foundation ($78k) and The Los Alamos Valley Mens Club ($78k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.4% and program service revenue 50% of the total. At year end it held assets of $2,963 against liabilities of $0, net assets of $2,963.