Friends of Westbrook School Foundation Inc

Analysis

Friends of Westbrook School Foundation Inc is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in September 1999, 27 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Westbrook School Foundation Inc reported income of $64k and spending of $20k, leaving 68% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $13k to $64k (+394%), an average of +394% a year. The sharpest change came in the year to December 2023, when income rose by 394%. Over the whole period it spent 41% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Friends of Westbrook School Foundation Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within MD. Charities of a similar size with the same main cause include Ocmulgee Emc Foundation Inc ($64k), Peter M Looser Scholarship Foundation ($64k) and The Foundation at Rolling Hills ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $77k against liabilities of $0, net assets of $77k.