Waite Hill Village Foundation

Analysis

Waite Hill Village Foundation is a registered charity in United States, based in Willoughby, OH. It received its IRS tax-exemption ruling in May 2015, 11 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Waite Hill Village Foundation reported income of $173k and spending of $54k, leaving 69% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $143k to $173k (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2023, when income rose by 208%. Over the whole period it spent 38% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Waite Hill Village Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within OH. Charities of a similar size with the same main cause include Ballinger Cares Inc ($173k), Little Rock Boy and Girls Club Foundation ($173k) and Royal Promise ($173k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.