The Wechsler Foundation

Analysis

The Wechsler Foundation is a registered charity in United States, based in Meridian, MS. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Wechsler Foundation reported income of $662k and spending of $692k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $35k to $662k (+1768%), an average of +1768% a year. The sharpest change came in the year to December 2023, when income rose by 1768%. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, The Wechsler Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within MS. Charities of a similar size with the same main cause include Willamette Light Brigade ($662k), Industrial Opportunities Inc ($663k) and Pennsylvania State Association of County Fairs ($662k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3,762 against liabilities of $0, net assets of $3,762.