Warwick Foundation Inc

Analysis

Warwick Foundation Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in August 1993, 33 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 June 2023, Warwick Foundation Inc reported income of $543k and spending of $538k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $466k to $543k (+16%), an average of +3.9% a year. The sharpest change came in the year to June 2022, when income rose by 22%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Warwick Foundation Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within PA. Charities of a similar size with the same main cause include FC Chesco ($543k), Philmont Staff Association Inc ($543k) and Merrick Community Nursery School ($543k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $3,000 (0.6% of expenses). Other salaries and wages came to $139k. At year end it held assets of $933k against liabilities of $14k, net assets of $919k. It reported 4 employees.