We Charity

We Charity faces significant financial challenges with declining revenue and consistent operating deficits.

EIN: 161533544 · Williamsville, NY · NTEE: Q330 · Updated: 2026-03-28

$7.4MRevenue
$5.3MGross Revenue
$13.4MAssets
55/100Mission Score (Fair)
Q330
We Charity Financial Summary
MetricValue
Total Revenue$7.4M
Total Expenses$6.2M
Program Spending75%
Net Assets$12.5M
Transparency Score55/100

Search Intent Cockpit

We Charity Form 990, Revenue, CEO Pay, and IRS Filing Signals

We Charity is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around We Charity in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $2.4M and expenses of $6.2M.

Revenue and Expenses

We Charity reported $2.4M in revenue and $6.2M in expenses, a deficit of $3.8M.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

55/100 mission score, 4 red flags, and 3 strengths are shown from structured and AI review.

Is We Charity Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
ModerateTransparency
4 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
75%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

We Charity Expense Deployment
Program services$4.7M (75%)

Across stored filings, We Charity shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

We Charity Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 4 red flags identified
Mission spend75% to programsExcellent
Financial durabilityGrade B13 stored filing years
Peer contextCompare with Healthy Capital District InitiativeNew York and Category Q context

Trust Check

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Peer Benchmark

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Donation Decision Flow

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75% of spending goes to programs.

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We Charity directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About We Charity

We Charity (EIN: 161533544) is a nonprofit organization based in Williamsville, NY, classified under NTEE code Q330. The organization reported total revenue of $7.4M and total assets of $13.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of We Charity's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

29Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

We Charity is a mid-size nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.4%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$2.4M
Total Expenses$6.2M
Surplus / Deficit$-3,829,964
Total Assets$13.4M
Total Liabilities$853K
Net Assets$12.5M
Operating Margin-158.4%
Debt-to-Asset Ratio6.4%
Months of Reserves25.7 months

Financial Health Grade: B

In 2023, We Charity reported a deficit of $3.8M with expenses exceeding revenue, holds 25.7 months of operating reserves (strong position), has a debt-to-asset ratio of 6.4% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), We Charity's revenue has declined at a compound annual growth rate (CAGR) of -6.4%.

YearRevenue ChangeExpense ChangeAsset Change
2023-72.9%+2.9%-24.3%
2022+4.9%-34.2%+10.6%
2021-72.6%-64.7%-18.6%
2020-0.2%-19.8%+67.0%
2019+70.4%+33.4%-9.3%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1997

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

We Charity has experienced significant financial volatility over the past several years. While the organization reported substantial revenues in earlier periods, peaking at over $33 million in 2017 and 2020, its most recent filing (202308) shows a sharp decline in revenue to $2,418,093, while expenses remained high at $6,248,057, resulting in a deficit. This trend of expenses exceeding revenue is also evident in 2021, 2019, 2018, 2017, and 2014, indicating a pattern of operating at a deficit in many years. The organization's assets have fluctuated, currently standing at $13,392,243, but have decreased from a high of over $20 million in 2016. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay, or that compensation is structured in a way that it is not reported as officer compensation on the 990 form.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates We Charity with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 15%
  • programs: 75%
  • fundraising: 10%

According to IRS 990 filings, We Charity allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$2.4MTotal Revenue
$6.2MTotal Expenses
$13.4MTotal Assets
$853KTotal Liabilities
$12.5MNet Assets
  • The organization reported a deficit of $3.8M, with expenses exceeding revenue.
  • Debt-to-asset ratio: 6.4%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size and past revenue levels, suggesting either a volunteer leadership structure or that compensation is not categorized as officer compensation on the 990.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of We Charity's IRS 990 filings:

  • Significant and consistent operating deficits (e.g., $3.8M deficit in 202308, $7.3M deficit in 202108).
  • Sharp decline in revenue from $31M in 2020 to $2.4M in 2023.
  • Unusually low or 0% reported officer compensation for an organization of this scale.
  • Fluctuating asset base, with a notable decrease from $17.6M in 2022 to $13.3M in 2023.

Strengths

The following positive indicators were identified for We Charity:

  • Historically strong revenue generation in prior years (e.g., $33M in 2017, $31M in 2020).
  • Substantial asset base of $13,392,243, providing some financial cushion.
  • Low liabilities in many periods, indicating good debt management in those years (e.g., $241,276 in 2018).

Frequently Asked Questions about We Charity

Is We Charity a legitimate charity?

We Charity (EIN: 161533544) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 55/100. It has 13 years of IRS 990 filings on record. Total revenue: $7.4M. 4 red flags identified. 3 strengths noted. Financial health grade: B.

How does We Charity spend its money?

We Charity directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.

Are donations to We Charity tax-deductible?

We Charity is registered as a tax-exempt nonprofit (EIN: 161533544). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of We Charity's spending goes to programs?

We Charity directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does We Charity compare to similar nonprofits?

With a transparency score of 55/100 (Fair), We Charity is near average for NTEE category Q330 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is We Charity located?

We Charity is headquartered in Williamsville, New York and files with the IRS under EIN 161533544. It is classified under NTEE code Q330.

How many years of IRS 990 filings does We Charity have?

We Charity has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $7.4M in total revenue.

Why has We Charity's revenue declined so sharply in recent years?

The revenue dropped from $31,078,742 in 2020 to $2,418,093 in 2023, a significant decrease that warrants further investigation into funding sources and operational changes.

How does We Charity cover its operating deficits?

With expenses frequently exceeding revenue (e.g., $6,248,057 expenses vs. $2,418,093 revenue in 2023), the organization must be drawing from reserves or other non-operating income to sustain operations.

What is the nature of the 0% officer compensation reported?

It is uncommon for an organization with millions in revenue and assets to report no officer compensation, raising questions about how leadership is compensated or if it's entirely volunteer-led.

What is the long-term sustainability plan given the financial trends?

The pattern of deficits and declining revenue suggests potential long-term sustainability issues if current trends continue without significant strategic changes.

Filing History

IRS 990 filing history for We Charity showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), We Charity's revenue has declined by 55%, moving from $5.4M to $2.4M. Total assets increased by 638.2% over the same period, from $1.8M to $13.4M. Total functional expenses fell by 3.2%, from $6.5M to $6.2M. In its most recent filing year (2023), We Charity reported a deficit of $3.8M, with expenses exceeding revenue. The organization holds $853K in liabilities against $13.4M in assets (debt-to-asset ratio: 6.4%), resulting in net assets of $12.5M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $2.4M $6.2M $13.4M $853K View 990
2022 $8.9M $6.1M $17.7M $1.3M View 990
2021 $8.5M $9.2M $16.0M $606K View 990
2020 $31.1M $26.1M $19.6M $3.7M View 990
2019 $31.1M $32.6M $11.8M $1.1M View 990
2018 $18.3M $24.4M $13.0M $241K View 990
2017 $33.0M $35.1M $19.3M $568K View 990
2016 $31.3M $27.2M $20.6M $169K View 990
2015 $27.2M $21.9M $16.4M $120K View 990
2014 $17.0M $17.1M $11.2M $60K View 990
2013 $19.0M $13.0M $11.4M $140K View 990
2012 $10.7M $7.2M $5.3M $77K View 990
2011 $5.4M $6.5M $1.8M $23K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $2.4M, expenses of $6.2M, and assets of $13.4M (revenue -72.9% year-over-year).
  • 2022: Revenue of $8.9M, expenses of $6.1M, and assets of $17.7M (revenue +4.9% year-over-year).
  • 2021: Revenue of $8.5M, expenses of $9.2M, and assets of $16.0M (revenue -72.6% year-over-year).
  • 2020: Revenue of $31.1M, expenses of $26.1M, and assets of $19.6M (revenue -0.2% year-over-year).
  • 2019: Revenue of $31.1M, expenses of $32.6M, and assets of $11.8M (revenue +70.4% year-over-year).
  • 2018: Revenue of $18.3M, expenses of $24.4M, and assets of $13.0M (revenue -44.7% year-over-year).
  • 2017: Revenue of $33.0M, expenses of $35.1M, and assets of $19.3M (revenue +5.5% year-over-year).
  • 2016: Revenue of $31.3M, expenses of $27.2M, and assets of $20.6M (revenue +15.1% year-over-year).
  • 2015: Revenue of $27.2M, expenses of $21.9M, and assets of $16.4M (revenue +60.4% year-over-year).
  • 2014: Revenue of $17.0M, expenses of $17.1M, and assets of $11.2M (revenue -10.8% year-over-year).
  • 2013: Revenue of $19.0M, expenses of $13.0M, and assets of $11.4M (revenue +78.0% year-over-year).
  • 2012: Revenue of $10.7M, expenses of $7.2M, and assets of $5.3M (revenue +98.8% year-over-year).
  • 2011: Revenue of $5.4M, expenses of $6.5M, and assets of $1.8M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for We Charity:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for We Charity is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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