Wynn Resorts Limited Employee Foundation

Analysis

Wynn Resorts Limited Employee Foundation is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in August 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 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, Wynn Resorts Limited Employee Foundation reported income of $2.7m and spending of $2.1m, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $2.7m (+143%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Wynn Resorts Limited Employee Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within NV. Charities of a similar size with the same main cause include United Way of Rock River Valley ($2.7m), Penny Foundation ($2.7m) and Latino Community Fund Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.