The Walkabout Foundation Inc

Analysis

The Walkabout Foundation Inc is a registered charity in United States, based in Greenwich, CT. It received its IRS tax-exemption ruling in June 2009, 17 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 Walkabout Foundation Inc reported income of $192k and spending of $307k, spending 160% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $163k to $192k (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2021, when income rose by 59%. Over the whole period it spent 75% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Walkabout Foundation Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within CT. Charities of a similar size with the same main cause include Finding Faith Inc ($192k), International League of Associations for Rheumatology ($192k) and International Hyperhidrosis Society ($192k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $656k against liabilities of $50k, net assets of $606k.