International We Love U Foundation East Coast Region Inc

Analysis

International We Love U Foundation East Coast Region Inc is a registered charity in United States, based in New Windsor, NY. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, International We Love U Foundation East Coast Region Inc reported income of $869k and spending of $680k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $462k to $869k (+88%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 112%. Over the whole period it spent 64% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, International We Love U Foundation East Coast Region Inc 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 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Oregon and SW Washington Roofers and Water Proofers Apprenticeships ($869k), Center for Workers Rights ($870k) and Growth Enterprises Nashville Inc Association ($869k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 11% of the total. Other salaries and wages came to $30k. At year end it held assets of $1.7m against liabilities of $336k, net assets of $1.3m. It reported 1 employees.