Western Wall Heritage Foundation Inc

Analysis

Western Wall Heritage Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 1993, 33 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 December 2023, Western Wall Heritage Foundation Inc reported income of $16.2m and spending of $8.4m, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.1m to $16.2m (+99%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Western Wall Heritage Foundation Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Community Services Office of Hot Springs and Garland County Arkansa ($16.2m), Cathedral Square Corporation ($16.2m) and Alegent Health-Memorial Hospital Schuyler ($16.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $482k (5.7% of expenses). At year end it held assets of $37.0m against liabilities of $18k, net assets of $37.0m. It reported 1 employees.