Wikimedia Foundation Org

Analysis

Wikimedia Foundation Org is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Wikimedia Foundation Org reported income of $180.2m and spending of $168.3m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $118.6m to $180.2m (+52%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 28%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wikimedia Foundation Org sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include Stonehill College Inc ($180.1m), Aaa Scholarship Foundation Inc ($180.4m) and Pacific University ($179.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $4.1m (2.5% of expenses). Other salaries and wages came to $74.9m. It paid $344k in professional fundraising fees. At year end it held assets of $274.1m against liabilities of $19.2m, net assets of $255.0m. It reported 375 employees.