Westhaven Foundation Inc

Analysis

Westhaven Foundation Inc is a registered charity in United States, based in Franklin, TN. It received its IRS tax-exemption ruling in October 2008, 18 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Westhaven Foundation Inc reported income of $308k and spending of $360k, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $261k to $308k (+18%), an average of +4.2% a year. The sharpest change came in the year to June 2022, when income rose by 151%. Over the whole period it spent 118% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Westhaven Foundation Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within TN. Charities of a similar size with the same main cause include New York Steam Engine Association Inc ($308k), Doylestown Historical Society N P ($308k) and Israel Innovation Fund Inc ($308k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 51% of the total. At year end it held assets of $155k against liabilities of $35k, net assets of $119k.