Whitecaps Community Foundation

Analysis

Whitecaps Community Foundation is a registered charity in United States, based in Comstock Park, MI. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Whitecaps Community Foundation reported income of $229k and spending of $241k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $175k to $229k (+31%), an average of +6.9% a year. The sharpest change came in the year to December 2021, when income rose by 127%. Over the whole period it spent 104% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Whitecaps Community Foundation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within MI. Charities of a similar size with the same main cause include Hampton Youth Association Incorporated ($229k), A Beautiful Me Inc ($229k) and Brookline After School Program Inc ($228k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 17% of the total. At year end it held assets of $149k against liabilities of $117k, net assets of $33k.