Edward Whittingham Thomas Memorial Fund

Analysis

Edward Whittingham Thomas Memorial Fund is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in December 1973, 53 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Edward Whittingham Thomas Memorial Fund reported income of $88k and spending of $105k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $60k to $88k (+46%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 202%. Over the whole period it spent 107% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Edward Whittingham Thomas Memorial Fund sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within NE. Charities of a similar size with the same main cause include Jewish Federation of Cape Cod Inc ($88k), California Nevada District Exchange Clubs Charitable Foundation Inc ($88k) and McKeever Foundation Inc ($88k).

Compensation of current officers, directors and key employees was $1,250 (1.2% of expenses). At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.