Wlala Foundation

Analysis

Wlala Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in October 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 August 2023, Wlala Foundation reported income of $117k and spending of $71k, leaving 40% of income unspent that year. Across the 2 years on record, from August 2022 to August 2023, income grew from $96k to $117k (+21%), an average of +22% a year. The sharpest change came in the year to August 2023, when income rose by 21%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wlala Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include LA Mesa Arts Foundation Inc ($117k), Women in Focus Incorporated ($117k) and Devoted Parents Association Sacred Heart School ($117k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $193k against liabilities of $0, net assets of $193k.