T Franklin Williams MD Foundation Inc

Analysis

T Franklin Williams MD Foundation Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in March 1991, 35 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, T Franklin Williams MD Foundation Inc reported income of $298k and spending of $369k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $327k to $298k (-8.9%), an average of -2.3% a year. The sharpest change came in the year to December 2020, when income rose by 82%. Over the whole period it spent 89% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, T Franklin Williams MD Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include International Society for Better Health Access ($298k), Steam Onward Incorporated ($298k) and The Born to Run Foundation Inc ($298k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 20% of the total. Other salaries and wages came to $24k. At year end it held assets of $1.1m against liabilities of $20k, net assets of $1.1m. It reported 1 employees.