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William and Mary Intellectual Property Foundation

RegisteredEIN 26-1769925Williamsburg, VAEducation and training
Income$144k2024-06
Spending$125ksame year
Spent / received74%2-year average
Size in its cause48th pctEducation and training
Exempt since2008Supporting organisation
Employees–latest return

Analysis

William and Mary Intellectual Property Foundation is a registered charity in United States, based in Williamsburg, VA. It received its IRS tax-exemption ruling in May 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, William and Mary Intellectual Property Foundation reported income of $144k and spending of $125k, spending 87% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $170k to $144k (-16%), an average of -16% a year. The sharpest change came in the year to June 2024, when income dropped by 16%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, William and Mary Intellectual Property Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within VA. Charities of a similar size with the same main cause include Mason 3-6 PTO ($144k), Victorias Children ($144k) and Clifton High School Mustang Band Parent Association Inc ($144k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 91% of the total. At year end it held assets of $440k against liabilities of $0, net assets of $440k.

Income and spending

$0$43k$85k$128k$170k2023 Income: $170,4782023 Spending: $106,82820232024 Income: $143,5362024 Spending: $125,1192024
IncomeSpending

Where the income comes from

  • Program services 91%
  • Other 8.6%

Similar-sized charities, same cause

CharityLocationIncome
Mason 3-6 PTOMason$144k
Victorias ChildrenWest Liberty$144k
Clifton High School Mustang Band Parent Association IncClifton$144k
Kiawah Womens FoundationJohns Island$144k