Wfyi Foundation Inc

Analysis

Wfyi Foundation Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in January 1996, 30 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Wfyi Foundation Inc reported income of $213k and spending of $46k, leaving 78% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $542k to $213k (-61%), an average of -21% a year. The sharpest change came in the year to September 2022, when income rose by 117%. Over the whole period it spent 36% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Wfyi Foundation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within IN. Charities of a similar size with the same main cause include College and University Sustainability Project Inc ($213k), Florida Girls Giving Back Inc ($213k) and Secret Families Inc ($213k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $5.5m against liabilities of $45k, net assets of $5.5m.