Woody Williams Foundation

Analysis

Woody Williams Foundation is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Woody Williams Foundation reported income of $1.4m and spending of $1.6m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.4m (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Woody Williams Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within KY. Charities of a similar size with the same main cause include Option House Inc ($1.4m), Christian City of Florida Inc ($1.4m) and Christus St Michael Foundation ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $98k (6.0% of expenses). Other salaries and wages came to $255k. At year end it held assets of $665k against liabilities of $32k, net assets of $633k. It reported 8 employees.