We Charity
- Assets
- $16.0m
- Revenue
- $8.5m
- Investments
- $0.0
- Employees
- 8
- Location
- Williamsville, NY
- Founding
- 09/1997
- Data as of
- 08/2021
- EIN
- 16-1533544
Organization Overview
We Charity is located in Williamsville, NY. The organization was established in 1997. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 08/2021, We Charity employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. We Charity is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2021, We Charity generated $8.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (17.6%) each year. All expenses for the organization totaled $9.2m during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (13.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WE CHARITY IS AN INTERNATIONAL CHARITY AND EDUCATIONAL PARTNER WHICH EMPOWERS YOUTH AROUND THE WORLD TO MAKE A POSITIVE CHANGE IN THEIR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INTERNATIONALLY, THE ORGANIZATION WORKS IN PARTNERSHIP WITH COMMUNITIES IN KENYA, TANZANIA, SIERRA LEONE, ECUADOR, HAITI, NICARAGUA, INDIA AND RURAL CHINA THROUGH ITS HOLISTIC AND SUSTAINABLE DEVELOPMENT MODEL, WE VILLAGES. THIS MODEL CREATES LONG-TERM SOLUTIONS TO END THE CYCLE OF POVERTY THROUGH EDUCATION, HEALTH, WATER, FOOD SECURITY AND ALTERNATIVE INCOME PROGRAMS.
DOMESTICALLY, THE ORGANIZATION PROVIDES COMPREHENSIVE PROGRAMS FOR SERVICE LEARNING AND ACTIVE CITIZENZHIP, INSPIRING A GENERATION TO ACT. ITS CORE DOMESTIC PROGRAM, WE SCHOOLS, PROVIDES YOUTH WITH THE INSPIRATION, TOOLS AND OPPORTUNITIES TO BECOME ACTIVE LOCAL, NATIONAL AND GLOBAL CITIZENS. BY INSTILLING ACTIVE CITIZENSHIP, INCREASING ACADEMIC ENGAGEMENT AND IMPROVING THE UNIVERSITY AND WORKPLACE READINESS OF PARTICIPANTS, WE SCHOOLS WORK TOGETHER TO EQUIP TODAY'S YOUNG LEADERS FOR A BETTER TOMORROW.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dalal Al Waheidi Exec Directo | OfficerTrustee | 2 | $0 |
Victor Li CFO | OfficerTrustee | 2 | $0 |
Scott Baker COO | OfficerTrustee | 2 | $0 |
Kannan Arasaratnam Board Member | Trustee | 2 | $0 |
Andrea Farris Board Member | Trustee | 2 | $0 |
Miranda Tollman Board Member | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Boies Schiller Flexner Llp Legal | 8/30/21 | $573,083 |
Millbank Llp Legal | 8/30/21 | $104,371 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,874,171 |
| Noncash contributions included in lines 1a–1f | $961,720 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,874,171 |
| Total Program Service Revenue | $0 |
| Investment income | $129,215 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$492,473 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,510,977 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,453,320 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $229,482 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $78,772 |
| Payroll taxes | $20,936 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $672,046 |
| Fees for services: Accounting | $52,555 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $668,988 |
| Advertising and promotion | $39,629 |
| Office expenses | $49,217 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $160,114 |
| Travel | $5,218 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $332,494 |
| Insurance | $3,820 |
| All other expenses | $60,952 |
| Total functional expenses | $9,226,937 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,522,373 |
| Savings and temporary cash investments | $32,959 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,048,877 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $66,746 |
| Net Land, buildings, and equipment | $38,106 |
| Investments—publicly traded securities | $9,149,693 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $612,614 |
| Other assets | $1,519,068 |
| Total assets | $15,990,436 |
| Accounts payable and accrued expenses | $81,848 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $523,967 |
| Total liabilities | $605,815 |
| Net assets without donor restrictions | $11,013,856 |
| Net assets with donor restrictions | $4,370,765 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $15,990,436 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that We Charity has recieved totaling $357,265.
| Awarding Organization | Amount |
|---|---|
Unstoppable Foundation Culver City, CA PURPOSE: SPONSOR A VILLAGE 5-PILLAR PROGRAM (SAV); UNSTOPPABLE SCHOLARS, COVID-19 EMERGENCY RELIEF | $270,481 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $30,213 |
Skoll Foundation Palo Alto, CA PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS | $15,250 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $13,537 |
Larry Labriola Foundation Inc Scarsdale, NY PURPOSE: OPERATIONS | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tov Vchesed Foundation Inc Monsey, NY | $610,324 | $14,594,457 |
Kolel Shomre Hachomos Of Jerusalem Inc Brooklyn, NY | $8,417,391 | $12,158,295 |
Marys Meals Usa Inc Bloomfield, NJ | $3,234,334 | $9,784,357 |
We Charity Williamsville, NY | $15,990,436 | $8,510,977 |
Big Heart Foundation Inc Clifton, NJ | $8,754,377 | $8,531,455 |
Grassroots International Inc Boston, MA | $13,759,969 | $12,517,391 |
Afsnc Inc New York, NY | $3,029,853 | $9,756,195 |
Alima Usa Inc New York, NY | $6,341,096 | $6,115,397 |
Metro World Child Foundation Inc Brooklyn, NY | $2,538,697 | $8,020,281 |
World Spiritual Awareness Forum Inc Roslyn Heights, NY | $803,724 | $7,990,339 |
Refugepoint Inc Boston, MA | $13,622,053 | $13,092,298 |
Albanian-American Development Foundation New York, NY | $216,065,025 | $9,264,607 |