Dr Willard E and Ella N Romberg Supporting Foundation

Analysis

Dr Willard E and Ella N Romberg Supporting Foundation is a registered charity in United States, based in New Ulm, MN. It received its IRS tax-exemption ruling in January 2007, 19 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Dr Willard E and Ella N Romberg Supporting Foundation reported income of $139k and spending of $232k, spending 167% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $171k to $139k (-19%), an average of -5.0% a year. The sharpest change came in the year to December 2021, when income rose by 167%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Dr Willard E and Ella N Romberg Supporting Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within MN. Charities of a similar size with the same main cause include Communitas Mater Domini ($139k), Genon Ministries Inc ($139k) and Greg Lancaster Ministries Inc ($139k).

At year end it held assets of $4.4m against liabilities of $222k, net assets of $4.2m.