Pema Wosel Foundation

Analysis

Pema Wosel Foundation is a registered charity in United States, based in Glendora, CA. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pema Wosel Foundation reported income of $71k and spending of $48k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $76k to $71k (-6.6%), an average of -6.6% a year. Over the whole period it spent 69% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Pema Wosel Foundation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include Black Belts for Christ Ministries Inc ($71k), Let Heaven Come International Ministries ($71k) and Abundant Life Ministries for Peru Inc ($71k).

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 $145k against liabilities of $1,642, net assets of $143k.