Windtree Foundation

Analysis

Windtree Foundation is a registered charity in United States, based in West Covina, CA. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 August 2023, Windtree Foundation reported income of $2.8m and spending of $2.7m, spending 95% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $466k to $2.8m (+510%), an average of +57% a year. The sharpest change came in the year to August 2023, when income rose by 301%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Windtree Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Town Hall Association ($2.8m), Florentine Opera Co Inc ($2.8m) and Worcester County Mechanics Association ($2.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 2.1% and program service revenue 98% of the total. At year end it held assets of $262k against liabilities of $0, net assets of $262k.