Marion & Jasper Whiting Foundation

Analysis

Marion & Jasper Whiting Foundation is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in October 1967, 59 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Marion & Jasper Whiting Foundation reported income of $364k and spending of $291k, leaving 20% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $333k to $364k (+9.3%), an average of +2.3% a year. The sharpest change came in the year to October 2021, when income rose by 141%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Marion & Jasper Whiting Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within MA. Charities of a similar size with the same main cause include Impact Bay Area ($364k), Rural Aspirations Project ($364k) and Aligarh Education Endowment Fund Inc ($364k).

Compensation of current officers, directors and key employees was $10k (3.5% of expenses). At year end it held assets of $4.4m against liabilities of $0, net assets of $4.4m.