American Wine Society Educational Foundation Inc

Analysis

American Wine Society Educational Foundation Inc is a registered charity in United States, based in Lovettsville, VA. It received its IRS tax-exemption ruling in August 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, American Wine Society Educational Foundation Inc reported income of $62k and spending of $31k, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $43k to $62k (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 50% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, American Wine Society Educational Foundation Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 24th percentile within VA. Charities of a similar size with the same main cause include Latino Advocacy Coalition of Henderson County Inc ($62k), Vicco Sassafras Volunteer Fire Department Inc ($62k) and Ayg Foundation Inc ($62k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.