Wyba Inc

Analysis

Wyba Inc is a registered charity in United States, based in Windham, ME. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Wyba Inc reported income of $60k and spending of $53k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $60k (+3.8%), an average of +3.8% a year. Over the whole period it spent 90% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Wyba Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 17th percentile within ME. Charities of a similar size with the same main cause include Northwest Rodeo Team ($60k), Regents of the University of Minnesota ($60k) and Louisiana 4-H Foundation ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $30k against liabilities of $0, net assets of $30k.