White Horse Village Endowment Fund Inc

Analysis

White Horse Village Endowment Fund Inc is a registered charity in United States, based in Newtown Square, PA. It received its IRS tax-exemption ruling in October 1994, 32 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, White Horse Village Endowment Fund Inc reported income of $1.2m and spending of $457k, leaving 62% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $307k to $1.2m (+289%), an average of +40% a year. The sharpest change came in the year to December 2020, when income rose by 217%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, White Horse Village Endowment Fund Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within PA. Charities of a similar size with the same main cause include Chaska Community Hockey Association Inc ($1.2m), Woodlands Swim Team ($1.2m) and Colchester Alternative School-Age Total Learning Experience Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $6.2m against liabilities of $432k, net assets of $5.7m.