West Virginia Univ Forestry Endowment Fund of the Wvu Forestry

Analysis

West Virginia Univ Forestry Endowment Fund of the Wvu Forestry is a registered charity in United States, based in Morgantown, WV. It received its IRS tax-exemption ruling in June 1973, 53 years ago. 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, West Virginia Univ Forestry Endowment Fund of the Wvu Forestry reported income of $69k and spending of $54k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $75k to $69k (-8.6%), an average of -2.2% a year. The sharpest change came in the year to December 2021, when income rose by 35%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, West Virginia Univ Forestry Endowment Fund of the Wvu Forestry sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 24th percentile within WV. Charities of a similar size with the same main cause include International Brotherhood Scholrshp Fund of Boilrmkrs Irn SHP BLDRS ($69k), Richmond Rotary Charitable Foundation ($69k) and North Scott Music Boosters Incorporated ($69k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.7% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.