Waka Worldwide

Analysis

Waka Worldwide is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Waka Worldwide reported income of $81k and spending of $68k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $75k to $81k (+9.0%), an average of +9.0% a year. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Waka Worldwide sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within IL. Charities of a similar size with the same main cause include A Better World the Adoption Connection Inc ($81k), New Neighbors Inc ($81k) and International Food Bank Inc ($81k).

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 $180k against liabilities of $0, net assets of $180k.