Willie Stargell Foundation Inc

Analysis

Willie Stargell Foundation Inc is a registered charity in United States, based in Wilmington, NC. It received its IRS tax-exemption ruling in September 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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, Willie Stargell Foundation Inc reported income of $625k and spending of $723k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $593k to $625k (+5.5%), an average of +1.3% a year. The sharpest change came in the year to December 2021, when income rose by 91%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Willie Stargell Foundation Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within NC. Charities of a similar size with the same main cause include The Triangle Nonprofit & Volunteer Leadership Center ($625k), Tzidkus Avrohom Beinish Inc ($625k) and Sb7 Support Foundation Inc ($625k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. It paid $122k in professional fundraising fees. At year end it held assets of $425k against liabilities of $0, net assets of $425k.