Jim and Carol West Foundation

Analysis

Jim and Carol West Foundation is a registered charity in United States, based in Victoria, TX. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 2022, Jim and Carol West Foundation reported income of $315k and spending of $354k, spending 112% of what it took in. Across the 6 years on record, from December 2017 to December 2022, income grew from $131k to $315k (+141%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 2416%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Jim and Carol West Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within TX. Charities of a similar size with the same main cause include Independence Soccer Club Inc ($315k), Grand Island Little League Inc ($315k) and Cy-Fair Girls Athletic Association ($315k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $112k against liabilities of $0, net assets of $112k.