CWTC Foundation

Analysis

CWTC Foundation is a registered charity in United States, based in Peoria, IL. It received its IRS tax-exemption ruling in February 2001, 25 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 December 2023, CWTC Foundation reported income of $231k and spending of $17k, leaving 93% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $363k to $231k (-36%), an average of -11% a year. The sharpest change came in the year to December 2023, when income rose by 167%. Over the whole period it spent 10% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, CWTC Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within IL. Charities of a similar size with the same main cause include Leonard & Diane Sherman Family Foundation ($231k), Avon Education Foundation Inc ($231k) and The New American Dream Foundation Inc ($231k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% of the total. At year end it held assets of $2.5m against liabilities of $0, net assets of $2.5m.