Garrett Williamson

Analysis

Garrett Williamson is a registered charity in United States, based in Newtown Square, PA. It received its IRS tax-exemption ruling in August 2022, 4 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Garrett Williamson reported income of $4.5m and spending of $4.3m, spending 95% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $5.0m to $4.5m (-9.7%), an average of -5.0% a year. The sharpest change came in the year to December 2022, when income dropped by 22%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Garrett Williamson sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within PA. Charities of a similar size with the same main cause include Asca Foundation ($4.5m), Child Care Council of Greater Houston Inc ($4.5m) and Habitat for Humanity International Inc ($4.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.8% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $122k (2.9% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $8.5m against liabilities of $201k, net assets of $8.3m. It reported 116 employees.