The American Friends of the Whitechapel Gallery Foundation Inc

Analysis

The American Friends of the Whitechapel Gallery Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 1989, 37 years ago. 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 March 2024, The American Friends of the Whitechapel Gallery Foundation Inc reported income of $178k and spending of $331k, spending 185% of what it took in. Across the 4 years on record, from March 2020 to March 2024, income fell from $220k to $178k (-19%), an average of -6.7% a year. The sharpest change came in the year to March 2023, when income rose by 301%. Over the whole period it spent 115% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The American Friends of the Whitechapel Gallery Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include The Sportsmen and Professional Men of Coffee County Inc ($178k), Volunteers of America Inc ($179k) and Light Up Lives Charity Foundation ($178k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.