Withers Collection Inc

Analysis

Withers Collection Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in November 2015, 11 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Withers Collection Inc reported income of $304k and spending of $209k, leaving 31% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income fell from $562k to $304k (-46%), an average of -12% a year. The sharpest change came in the year to December 2021, when income rose by 332%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Withers Collection Inc sits at the 68th percentile: it is larger than about 68% 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 Ankeny Friends of the Arts ($304k), Ohio Valley Museum of Discovery Inc ($304k) and Reframe Youth Arts Center ($304k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $80k. At year end it held assets of $16.6m against liabilities of $189k, net assets of $16.4m. It reported 9 employees.