Willard & Alpha Wiegrefe Foundation

Analysis

Willard & Alpha Wiegrefe Foundation is a registered charity in United States, based in Eitzen, MN. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Willard & Alpha Wiegrefe Foundation reported income of $77k and spending of $108k, spending 140% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $65k to $77k (+19%), an average of +4.5% a year. Over the whole period it spent 136% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Willard & Alpha Wiegrefe Foundation sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within MN. Charities of a similar size with the same main cause include Specialized Housing I Incorporated ($77k), Mosaic Housing Corp Xiv - Rockford ($77k) and Hunters Hill Inc ($77k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 90% of the total. Compensation of current officers, directors and key employees was $7,200 (6.6% of expenses). At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.