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Will Motivation Inc

RegisteredEIN 87-0815520Saint Cloud, FLEducation and training
Income$904k2023-12
Spending$578ksame year
Spent / received47%2-year average
Size in its cause75th pctEducation and training
Exempt since2021Publicly supported organisat
Employees0latest return

Analysis

Will Motivation Inc is a registered charity in United States, based in Saint Cloud, FL. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Will Motivation Inc reported income of $904k and spending of $578k, leaving 36% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $325k to $904k (+178%), an average of +178% a year. The sharpest change came in the year to December 2023, when income rose by 178%. Over the whole period it spent 47% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Will Motivation Inc sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within FL. Charities of a similar size with the same main cause include Detroit Food & Entrepreneurship Academy ($904k), Spiritual and Veda Alama Suda ($905k) and Arizona Business & Education Coalition ($904k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. At year end it held assets of $845k against liabilities of $76k, net assets of $769k.

Income and spending

$0$226k$452k$678k$904k2022 Income: $325,0002022 Spending: $3,96320222023 Income: $904,1212023 Spending: $578,1212023
IncomeSpending

Where the income comes from

  • Contributions & grants 58%
  • Program services 42%

Similar-sized charities, same cause

CharityLocationIncome
Detroit Food & Entrepreneurship AcademyDetroit$904k
Spiritual and Veda Alama SudaSwedesboro$905k
Arizona Business & Education CoalitionPhoenix$904k
I B E W Local 163 Joint Apprentice & Training CommitteNanticoke$905k