Wose Community Church of Oakland

Analysis

Wose Community Church of Oakland is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in January 1984, 42 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Wose Community Church of Oakland reported income of $1.2m and spending of $979k, spending 80% of its income. Across the 4 years on record, from August 2021 to August 2024, income grew from $716k to $1.2m (+70%), an average of +19% a year. The sharpest change came in the year to August 2022, when income rose by 42%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wose Community Church of Oakland sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Volunteers of America Inc ($1.2m), Otero County Landfill Inc ($1.2m) and Hampton Roads Soccer Council ($1.2m).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 25% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $94k (9.6% of expenses). Other salaries and wages came to $453k. At year end it held assets of $837k against liabilities of $0, net assets of $837k. It reported 18 employees.