The Wilson Foundation

Analysis

The Wilson Foundation is a registered charity in United States, based in Boonton, NJ. It received its IRS tax-exemption ruling in November 1935, 91 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 private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Wilson Foundation reported income of $61k and spending of $141k, spending 229% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $65k to $61k (-6.3%), an average of -1.6% a year. The sharpest change came in the year to June 2023, when income dropped by 27%. Over the whole period it spent 151% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Wilson Foundation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 31st percentile within NJ. Charities of a similar size with the same main cause include Friends of Maharana of Mewar Charitable Foundation ($61k), Marcus J Bradshaw Foundation ($61k) and American Friends of Torah Lakol ($61k).

At year end it held assets of $2.0m against liabilities of $12k, net assets of $2.0m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.