Woosaa Wellness

Analysis

Woosaa Wellness is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2021, 5 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, Woosaa Wellness reported income of $242k and spending of $232k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $124k to $242k (+95%), an average of +95% a year. The sharpest change came in the year to December 2023, when income rose by 95%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Woosaa Wellness sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include CHN Nebraska Foundation ($242k), Gibb Marianna Village Inc ($242k) and Vision 21 Concepts Inc ($242k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. At year end it held assets of $32k against liabilities of $577, net assets of $32k. It reported 1 employees.