Wedgwood Circle

Analysis

Wedgwood Circle is a registered charity in United States, based in Vienna, VA. It received its IRS tax-exemption ruling in May 2009, 17 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Wedgwood Circle reported income of $1.2m and spending of $1.2m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $510k to $1.2m (+130%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 64%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Wedgwood Circle sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within VA. Charities of a similar size with the same main cause include Dickinson Area Communtiy Foundation ($1.2m), Eagles Nest Ministries ($1.2m) and KBP Cares Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $131k (11% of expenses). At year end it held assets of $370k against liabilities of $0, net assets of $370k. It reported 2 employees.