Westminster Village Foundation of West Lafayette Indiana Inc

Analysis

Westminster Village Foundation of West Lafayette Indiana Inc is a registered charity in United States, based in W Lafayette, IN. It received its IRS tax-exemption ruling in April 1983, 43 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Westminster Village Foundation of West Lafayette Indiana Inc reported income of $1.4m and spending of $248k, leaving 82% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $235k to $1.4m (+486%), an average of +80% a year. The sharpest change came in the year to June 2023, when income rose by 204%. Over the whole period it spent 43% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Westminster Village Foundation of West Lafayette Indiana Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within IN. Charities of a similar size with the same main cause include Commonwealth Prevention Alliance ($1.4m), Deaf Plus Adult Community Inc ($1.4m) and Midwest AFC Homes ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% of the total. At year end it held assets of $6.9m against liabilities of $0, net assets of $6.9m.