O Wayne and Glenda Sue Mortenson Charitable Foundation in

Analysis

O Wayne and Glenda Sue Mortenson Charitable Foundation in is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, O Wayne and Glenda Sue Mortenson Charitable Foundation in reported income of $354k and spending of $342k, spending 97% of its income. Across the 6 years on record, from December 2014 to December 2023, income grew from $198k to $354k (+78%), an average of +12% a year. The sharpest change came in the year to December 2015, when income rose by 42%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, O Wayne and Glenda Sue Mortenson Charitable Foundation in sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within KY. Charities of a similar size with the same main cause include Crisis Pregnancy Center of Baytown ($354k), Well Being Development ($354k) and BHR Housing Properties ($354k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $524k against liabilities of $0, net assets of $524k.