Wakeup Wake County Inc

Analysis

Wakeup Wake County Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in February 2007, 19 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Wakeup Wake County Inc reported income of $90k and spending of $151k, spending 168% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $142k to $90k (-37%), an average of -37% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. Over the whole period it spent 139% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Wakeup Wake County Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within NC. Charities of a similar size with the same main cause include Riverloop Association Inc ($90k), Molalla Train Park Inc ($90k) and Junior League of Duluth Inc ($90k).

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 $108k against liabilities of $40k, net assets of $68k.