W Athletic Foundation

Analysis

W Athletic Foundation is a registered charity in United States, based in Thibodaux, LA. It received its IRS tax-exemption ruling in March 2018, 8 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, W Athletic Foundation reported income of $73k and spending of $65k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $91k to $73k (-19%), an average of -5.2% a year. The sharpest change came in the year to December 2021, when income rose by 102%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, W Athletic Foundation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 29th percentile within LA. Charities of a similar size with the same main cause include Parent Booster USA Inc ($73k), Brotherhood Cup Foundation ($73k) and Dolvin Elementary School Foundation Inc ($73k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $50k against liabilities of $0, net assets of $50k.