Friends of Wilbur Inc

Analysis

Friends of Wilbur Inc is a registered charity in United States, based in Tarzana, CA. It received its IRS tax-exemption ruling in April 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Friends of Wilbur Inc reported income of $185k and spending of $235k, spending 127% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $424k to $185k (-56%), an average of -19% a year. The sharpest change came in the year to June 2022, when income rose by 58%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Wilbur Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Aleithia Learning Community ($185k), San Francisco Parents Coalition ($185k) and Mountain Top Library ($185k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $308k against liabilities of $1,059, net assets of $307k. It reported 2 employees.