Wedge Entomological Research Foundation

Analysis

Wedge Entomological Research Foundation is a registered charity in United States, based in Bolivar, PA. It received its IRS tax-exemption ruling in December 1973, 53 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, Wedge Entomological Research Foundation reported income of $70k and spending of $27k, leaving 62% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income fell from $82k to $70k (-15%), an average of -7.6% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wedge Entomological Research Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within PA. Charities of a similar size with the same main cause include Steuben County Historical Society Dugald Cameron Chapter ($70k), St Andrews Convelescent Hospital ($70k) and Virginia Congress of Parents and Teachers ($70k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.4% and program service revenue 15% of the total. At year end it held assets of $755k against liabilities of $0, net assets of $755k.