Adam Wysota Foundation Inc

Analysis

Adam Wysota Foundation Inc is a registered charity in United States, based in Shelton, CT. It received its IRS tax-exemption ruling in July 2013, 13 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, Adam Wysota Foundation Inc reported income of $226k and spending of $222k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $92k to $226k (+146%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 142%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Adam Wysota Foundation Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within CT. Charities of a similar size with the same main cause include Khadija Foundation Inc ($226k), The Richman Family Foundation Inc ($226k) and United Way of Cattaraugus County Inc ($226k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $50k. At year end it held assets of $446k against liabilities of $5,559, net assets of $441k. It reported 1 employees.