Webster Electric Foundation Inc

Analysis

Webster Electric Foundation Inc is a registered charity in United States, based in Marshfield, MO. It received its IRS tax-exemption ruling in January 1999, 27 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, Webster Electric Foundation Inc reported income of $122k and spending of $148k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $97k to $122k (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Webster Electric Foundation Inc 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 42nd percentile, and in the 40th percentile within MO. Charities of a similar size with the same main cause include Hull Foundation Inc ($122k), Grant a Dream Foundation ($122k) and Muse Winston-Salem ($122k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $101k against liabilities of $0, net assets of $101k.