Westminster-Canterbury Foundation

Analysis

Westminster-Canterbury Foundation is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in September 1980, 46 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Westminster-Canterbury Foundation reported income of $9.6m and spending of $6.3m, leaving 34% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $10.4m to $9.6m (-7.6%), an average of -1.9% a year. The sharpest change came in the year to September 2021, when income rose by 30%. Over the whole period it spent 65% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Westminster-Canterbury Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within VA. Charities of a similar size with the same main cause include Via of the Lehigh Valley Inc ($9.6m), Community Action Agency of Southern New Mexico Territory ($9.6m) and Hope and Home ($9.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $75.6m against liabilities of $586k, net assets of $75.0m.