Whitewater Community Foundation

Analysis

Whitewater Community Foundation is a registered charity in United States, based in Whitewater, WI. It received its IRS tax-exemption ruling in August 1995, 31 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 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 2024, Whitewater Community Foundation reported income of $962k and spending of $277k, leaving 71% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $423k to $962k (+127%), an average of +23% a year. The sharpest change came in the year to June 2023, when income rose by 615%. Over the whole period it spent 24% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Whitewater Community Foundation sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within WI. Charities of a similar size with the same main cause include The Cape Coral Kiwanis Foundation Inc ($961k), The Robison Excelsior Foundation ($962k) and Global Projects for Peace ($961k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 85% of the total. Other salaries and wages came to $12k. At year end it held assets of $5.0m against liabilities of $186, net assets of $5.0m.