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Russell Westbrook Why Not Foundation Inc

RegisteredEIN 46-1322847Chicago, ILOther charitable purposes
Income$905k2023-12
Spending$1.0msame year
Spent / received117%5-year average
Size in its cause76th pctOther charitable purposes
Exempt since2014Publicly supported organisat
Employees0latest return

Analysis

Russell Westbrook Why Not Foundation Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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, Russell Westbrook Why Not Foundation Inc reported income of $905k and spending of $1.0m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $403k to $905k (+125%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 121%. Over the whole period it spent 117% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Russell Westbrook Why Not Foundation Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within IL. Charities of a similar size with the same main cause include Denver Figure Skating Club ($905k), Irreverent Warriors Inc ($905k) and Mary Immaculate Preschool ($905k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $115k (11% of expenses). At year end it held assets of $160k against liabilities of $0, net assets of $160k.

Income and spending

$0$468k$936k$1.4m$1.9m2019 Income: $403,0742019 Spending: $638,88620192020 Income: $489,0102020 Spending: $799,09420202021 Income: $1,080,0742021 Spending: $1,321,70620212022 Income: $1,871,3572022 Spending: $1,784,73720222023 Income: $905,0512023 Spending: $1,031,1852023
IncomeSpending

Where the income comes from

  • Contributions & grants 96%
  • Other 4.4%

Similar-sized charities, same cause

CharityLocationIncome
Denver Figure Skating ClubCentennial$905k
Irreverent Warriors IncIrvine$905k
Mary Immaculate PreschoolHouston$905k
Connecticut Association for Home Care and Hospice IncWallingford$905k