A Home 4 Wayne Inc

Analysis

A Home 4 Wayne Inc is a registered charity in United States, based in San Jacinto, CA. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, A Home 4 Wayne Inc reported income of $749k and spending of $845k, spending 113% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $619k to $749k (+21%), an average of +6.5% a year. The sharpest change came in the year to December 2022, when income rose by 18%. Over the whole period it spent 119% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, A Home 4 Wayne Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Afghan American Community of Washington ($748k), Center for Irish Music Inc ($749k) and Arizona Museum of Natural History Foundation ($748k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $84k (9.9% of expenses). Other salaries and wages came to $455k. At year end it held assets of $783k against liabilities of $879k, net assets of -$97k. It reported 16 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.