W Byron Wolfe Tri-County Charitable Foundation Inc

Analysis

W Byron Wolfe Tri-County Charitable Foundation Inc is a registered charity in United States, based in Elkin, NC. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, W Byron Wolfe Tri-County Charitable Foundation Inc reported income of $93k and spending of $41k, leaving 56% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $35k to $93k (+165%), an average of +28% a year. The sharpest change came in the year to December 2020, when income rose by 4217%. Over the whole period it spent 8.0% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, W Byron Wolfe Tri-County Charitable Foundation Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within NC. Charities of a similar size with the same main cause include Midway Mennonite Reception Center ($93k), Riverside County Foundation on Aging Inc ($93k) and Great Faith Vision ($93k).

At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m.