Edward S and Josephine Wendorf Foundation

Analysis

Edward S and Josephine Wendorf Foundation is a registered charity in United States, based in Duluth, MN. It received its IRS tax-exemption ruling in January 1987, 39 years ago. 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, Edward S and Josephine Wendorf Foundation reported income of $157k and spending of $170k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $818k to $157k (-81%), an average of -34% a year. The sharpest change came in the year to December 2023, when income rose by 155%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Edward S and Josephine Wendorf Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within MN. Charities of a similar size with the same main cause include Corona Rotary Foundation ($157k), PTA Colorado Congress ($157k) and Interfaith Housing Foundation of Wisconsin & Upper Michigan Inc ($157k).

Compensation of current officers, directors and key employees was $21k (12% of expenses). At year end it held assets of $3.6m against liabilities of $0, net assets of $3.6m.