We the Best Foundation Inc

Analysis

We the Best Foundation Inc is a registered charity in United States, based in New Hyde Park, NY. It received its IRS tax-exemption ruling in June 2018, 8 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 (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, We the Best Foundation Inc reported income of $812k and spending of $443k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $531k to $812k (+53%), an average of +11% a year. The sharpest change came in the year to December 2021, when income dropped by 100%. Over the whole period it spent 69% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, We the Best Foundation Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include The Aldrin Family Foundation Inc ($812k), Cascade County Historical Society ($812k) and Society of California Pioneers ($812k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $165k. At year end it held assets of $569k against liabilities of $0, net assets of $569k.