Waves of Compassion Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
To support people in need in our community
- Income
- $149,305
- Spending
- $99,250
- Reserves
- 24.3 months of spending
- Largest source of income
- donations and private grants, 96%
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $63,486 spent. Our organization operates a food pantry service distributing free food to around 150 families bi-monthly. We procure the food in advance and distribute it at no cost to individuals in need facilitated by our dedicated team of volunteers. This vital service ensures that vulnerable community members have access to essential nutrition fostering food security and support for those facing economic challenges.
- $8,132 spent. Our organization provides vital assistance to individuals facing financial hardship particularly fishermen by offering small grants for financial support and essential material resources. These grants are designed to help alleviate immediate needs and improve the quality of life for those experiencing economic challenges. Through this initiative we aim to make a tangible impact in the lives of individuals in need fostering resilience and stability within our community. In 2024 we provided support to approximately 25 persons or families.
- $9,452 spent. Our Diaper Program provides essential support to families by distributing free diapers and wipes to those with infants and toddlers. This initiative alleviates financial strain for parents and ensures that young children have access to basic necessities for their health and well-being. We also supply coins for families who need help with laundromat expenses or paid showers. In 2025 we helped 36 families with this assistance.
- $10,216 spent. Our other programs are Educational support 6068; and Donations and Support to local non-profit organizations and events in our local community 4148.
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 2017.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.