Wharton County Community Foundation

Analysis

Wharton County Community Foundation is a registered charity in United States, based in El Campo, TX. It received its IRS tax-exemption ruling in January 2003, 23 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 December 2023, Wharton County Community Foundation reported income of $357k and spending of $276k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $545k to $357k (-34%), an average of -10% a year. The sharpest change came in the year to December 2021, when income rose by 2220%. Over the whole period it spent 70% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Wharton County Community Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include Bridge to Hope Inc ($357k), Clarksville Montgomery County Public Library Foundation ($357k) and The Maurice C LA Grua Center Inc ($357k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% of the total. At year end it held assets of $7.4m against liabilities of $0, net assets of $7.4m.