We Care Foundation

Analysis

We Care Foundation is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in December 1960, 66 years ago. 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, We Care Foundation reported income of $115k and spending of $121k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $117k to $115k (-1.8%), an average of -1.8% a year. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, We Care Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 44th percentile within NV. Charities of a similar size with the same main cause include Burleson Big Red Booster Club ($115k), Roanoke Valley Golf Hall of Fame ($115k) and Brookings Harbor Scholarship Foundation Inc ($115k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 53% of the total. At year end it held assets of $103k against liabilities of $0, net assets of $103k.