Maggie Welby Foundation

Analysis

Maggie Welby Foundation is a registered charity in United States, based in O Fallon, MO. It received its IRS tax-exemption ruling in April 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Maggie Welby Foundation reported income of $63k and spending of $75k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $68k to $63k (-6.9%), an average of -6.9% a year. Over the whole period it spent 112% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Maggie Welby Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 22nd percentile within MO. Charities of a similar size with the same main cause include Starkville Community Foundation ($63k), Berkley Parent Teachers Organization ($63k) and Parent Booster USA Inc ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 7.8% of the total. At year end it held assets of $67k against liabilities of $0, net assets of $67k.