W A M Y Community Action Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Growing revenue
W A M Y Community Action Inc is a 501(c)(3) organization based in Boone, North Carolina, registered in 1965, with $2,054,031 in FY2022 revenue. CharityIndex grades it C+.
225 Birch Stste 2, Boone, NC, 28607 EIN 56-0816296 Since 1965
Revenue (FY2022)
$2.1M
▼ 18.2% vs prior year
Expenses (FY2022)
$2.3M
Net assets
$826K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for W A M Y Community Action Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating4 mo reserves · -10% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For W A M Y Community Action Inc: 4 mo reserves · -10% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for W A M Y Community Action Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For W A M Y Community Action Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 225 Birch Stste 2, Boone, NC, 28607
- City
- Boone
- State
- North Carolina
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $1.3M (FY2013) to $2.1M (FY2022) across 9 reported years.
Financial snapshot
Financial health & position (FY2022)
Liabilities $710KNet assets $826K
Operating margin
-9.9%
Spent more than it raised in the latest fiscal year.
Total assets
$1.5M
Total liabilities
$710K
Net assets
$826K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2022 | $2,054,031▼18.2% | $2,257,700▼6.8% | $825,527▼19.8% | $1,535,920▼15.2% | 990 |
| 2021 | $2,511,481▲57.3% | $2,421,795▲58.3% | $1,029,196▲9.5% | $1,810,721▼2.3% | 990 |
| 2020 | $1,596,975▲4.9% | $1,530,054▲7.6% | $939,510▲7.7% | $1,852,412▲5.6% | 990 |
| 2019 | $1,522,390▲16.4% | $1,421,849▲3.0% | $872,589▲13.0% | $1,754,007▲8.1% | 990 |
| 2018 | $1,308,102▲15.8% | $1,380,127▲24.4% | $772,048▼8.1% | $1,621,908▼4.9% | 990 |
| 2016 | $1,129,764▼3.5% | $1,109,423▼8.7% | $839,902▲5.1% | $1,704,757▼1.1% | 990 |
| 2015 | $1,170,628▼4.7% | $1,215,712▲6.6% | $798,768▼3.0% | $1,723,696▼5.2% | 990 |
| 2014 | $1,227,838▼3.3% | $1,140,642▼17.6% | $823,141▲11.8% | $1,818,949▲1.8% | 990 |
| 2013 | $1,269,365 | $1,384,596▼28.3% | $735,944▼13.5% | $1,787,647▼13.1% | 990 |
| 2012 | — | $1,931,333▼1.9% | $851,175▼3.3% | $2,057,738▼0.1% | 990 |
| 2011 | — | $1,969,006 | $880,431 | $2,059,210 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $827K total
15 grants to W A M Y Community Action Inc totaling $827K, reported by foundations on their Schedule I filings.
Frequently asked questions
- Is W A M Y Community Action Inc a legitimate nonprofit?
- Yes. W A M Y Community Action Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-0816296, based in Boone, North Carolina. Donations are tax-deductible.
- What is W A M Y Community Action Inc's EIN?
- W A M Y Community Action Inc's Employer Identification Number (EIN) is 56-0816296.
- How much revenue does W A M Y Community Action Inc report?
- W A M Y Community Action Inc reported $2,054,031 in total revenue on its fiscal year 2022 IRS Form 990 filing.
- What financial grade does W A M Y Community Action Inc have?
- CharityIndex grades W A M Y Community Action Inc C+, based on financial health (reserves and operating margin).
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Data for W A M Y Community Action Inc (EIN 56-0816296) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.