Charity Search / WEDC FOUNDATION INC
Human Services (P80) 990 on File

WEDC FOUNDATION INC

EIN: 63-1207448 · HUNTSVILLE, AL 35801-4892 · United States · FY 2024 Data
3 out of 5 54 / 100 Based on 2+ years of filings
Financial strength (30%) 86/100
Reliability (20%) 55/100
Effectiveness (25%) 68/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$370K
Total Revenue
$324K
Total Expenses
$1.4M
Net Assets
2
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 67.5%
Fundraising Efficiency N/A
Operating Reserve 51.87x
Liability-to-Asset 0.5%
Revenue Diversification 85.7%
Compared with Peers
FY 2024
Compared with 15,047 similar organizations (United States, Human Services, $100K–$1M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
67.5% 86.3%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
0.0% 10.4%
P10P90
Top quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
32.5% 0.0%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
51.9 mo 8.4 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
0.5% 1.6%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
85.7% 96.4%
P10P90
Above median
Revenue growth
Year over year revenue growth
12.4% 7.0%
P10P90
Expense growth
Year over year expense growth
4.7% 8.3%
P10P90
Surplus margin
Surplus as a share of revenue
12.4% 2.1%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $370K $324K $1.4M 67.5% 2
2023 $329K $309K $1.3M 68.3% 2
2022 $344K $284K $1.2M 65.8% 1
2021 $354K $236K N/A 1
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Organization Details
EIN
63-1207448
State
AL
City
HUNTSVILLE
ZIP
35801-4892
Classification
P80
Category
Human Services
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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