Wilmot Community Foundation

Analysis

Wilmot Community Foundation is a registered charity in United States, based in Wilmot, SD. 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, Wilmot Community Foundation reported income of $171k and spending of $153k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $173k to $171k (-1.1%), an average of -1.1% a year. Over the whole period it spent 81% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Wilmot Community Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within SD. Charities of a similar size with the same main cause include Friends of Publish What You Fund ($171k), Lifeline Faith Ministries Inc ($171k) and Capital City AIDS Fund Inc ($171k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 64% of the total. At year end it held assets of $141k against liabilities of $0, net assets of $141k.