The World War II Foundation

Analysis

The World War II Foundation is a registered charity in United States, based in Kingston, RI. It received its IRS tax-exemption ruling in March 2011, 15 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 (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, The World War II Foundation reported income of $1.5m and spending of $1.5m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.5m (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2022, when income rose by 202%. Over the whole period it spent 58% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The World War II Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within RI. Charities of a similar size with the same main cause include Arts & Business Council of Greater Boston Inc ($1.5m), College Light Opera Company Inc ($1.5m) and Arts Council of Erie ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $257k (18% of expenses). Other salaries and wages came to $31k. At year end it held assets of $4.5m against liabilities of $28k, net assets of $4.5m. It reported 4 employees.