Wea Member Benefits Foundation Inc

Analysis

Wea Member Benefits Foundation Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Wea Member Benefits Foundation Inc reported income of $148k and spending of $122k, spending 83% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $205k to $148k (-28%), an average of -10% a year. The sharpest change came in the year to December 2023, when income rose by 121%. Over the whole period it spent 44% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wea Member Benefits Foundation Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 46th percentile within WI. Charities of a similar size with the same main cause include The Friends of Hawthorne ($147k), Eastern Communication Assoc ($148k) and Developing Radio Partners Inc ($147k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $455k against liabilities of $26, net assets of $455k.