Wave Childrens Foundation

Analysis

Wave Childrens Foundation is a registered charity in United States, based in Laguna Niguel, CA. It received its IRS tax-exemption ruling in November 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Wave Childrens Foundation reported income of $131k and spending of $109k, spending 83% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $132k to $131k (-0.6%), an average of -0.3% a year. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wave Childrens Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within CA. Charities of a similar size with the same main cause include Society of Saint Vincent de Paul St Augustine Conference of Kalamazoo ($131k), Monterey Bay Veterans Inc ($131k) and Acts of Grace Ministries ($131k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.