JHW Foundation Inc

Analysis

JHW Foundation Inc is a registered charity in United States, based in Manakin Sabot, VA. It received its IRS tax-exemption ruling in October 2012, 14 years ago. 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, JHW Foundation Inc reported income of $150k and spending of $79k, leaving 47% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $124k to $150k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 56% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, JHW Foundation Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within VA. Charities of a similar size with the same main cause include Colegio Univeristario Bautista de Puerto Rico ($150k), Georgia Health Care Education and Research Foundation Inc ($150k) and Casa of the Eighth Judicial District Inc ($150k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 18% of the total. At year end it held assets of $189k against liabilities of $0, net assets of $189k.