Waif Endowment Foundation

Analysis

Waif Endowment Foundation is a registered charity in United States, based in Freeland, WA. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Waif Endowment Foundation reported income of $66k and spending of $21k, leaving 68% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $793k to $66k (-92%), an average of -46% a year. The sharpest change came in the year to December 2021, when income rose by 1330%. Over the whole period it spent 1.9% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Waif Endowment Foundation 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 26th percentile, and in the 21st percentile within WA. Charities of a similar size with the same main cause include Fur All Kittys ($66k), Happy Tails Rescue Retirement Home ($66k) and Sol Criations Farm Sanctuary Inc ($66k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.9% of the total. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.