William and Lanaea C Featherstone Foundation Inc

Analysis

William and Lanaea C Featherstone Foundation Inc is a registered charity in United States, based in Ellicott City, MD. It received its IRS tax-exemption ruling in May 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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, William and Lanaea C Featherstone Foundation Inc reported income of $224k and spending of $250k, spending 112% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $241k to $224k (-7.1%), an average of -3.6% a year. The sharpest change came in the year to December 2022, when income dropped by 26%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, William and Lanaea C Featherstone Foundation Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within MD. Charities of a similar size with the same main cause include Generation Awakening Inc ($224k), Ambrose Parent Teacher Organization ($224k) and Wagner Ranch Parents Club ($224k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $60k (24% of expenses). Other salaries and wages came to $23k. At year end it held assets of $89k against liabilities of $5,793, net assets of $83k. It reported 5 employees.