We Reign Inc

Analysis

We Reign Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, We Reign Inc reported income of $94k and spending of $168k, spending 179% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $156k to $94k (-40%), an average of -40% a year. The sharpest change came in the year to December 2023, when income dropped by 40%. Over the whole period it spent 124% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, We Reign Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within PA. Charities of a similar size with the same main cause include St Michaels Foundation for Elementary Education in the Center ($94k), Ernest L Arbuckle - Florida Scholarships TR ($94k) and Clinton Public Schools Scholorship Enrichment Foundation Inc ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.