James P Wilmot Foundation Inc

Analysis

James P Wilmot Foundation Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in April 1981, 45 years ago. 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, James P Wilmot Foundation Inc reported income of $474k and spending of $537k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $483k to $474k (-2.0%), an average of -0.5% a year. The sharpest change came in the year to December 2021, when income rose by 103%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, James P Wilmot Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Young Womens Christian Association ($474k), Huntingdon Community Center ($474k) and Milanof-Schock Library ($474k).

At year end it held assets of $11.7m against liabilities of $215k, net assets of $11.5m.