The Walthour-Moss Foundation

Analysis

The Walthour-Moss Foundation is a registered charity in United States, based in Southern Pnes, NC. It received its IRS tax-exemption ruling in May 1974, 52 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 2022, The Walthour-Moss Foundation reported income of $685k and spending of $236k, leaving 66% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $519k to $685k (+32%), an average of +9.7% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 36% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Walthour-Moss Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within NC. Charities of a similar size with the same main cause include Forest Landowner Foundation Inc ($685k), Alaska Center for the Blind and Visually Impaired ($685k) and Family Service Council of Ohio ($685k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 74% of the total. Compensation of current officers, directors and key employees was $81k (34% of expenses). Other salaries and wages came to $3,148. At year end it held assets of $25.9m against liabilities of $117k, net assets of $25.8m. It reported 2 employees.