Wesbury Foundation

Analysis

Wesbury Foundation is a registered charity in United States, based in Meadville, PA. It received its IRS tax-exemption ruling in July 1996, 30 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, Wesbury Foundation reported income of $787k and spending of $464k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $748k to $787k (+5.1%), an average of +1.3% a year. The sharpest change came in the year to December 2022, when income rose by 50%. Over the whole period it spent 47% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Wesbury Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within PA. Charities of a similar size with the same main cause include Kinecta Community Foundation ($787k), Illinois Community College System Foundation ($787k) and Xavier-Sgo ($786k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 9.3% of the total. Other salaries and wages came to $191k. At year end it held assets of $18.6m against liabilities of $221k, net assets of $18.3m.