The White House Endowment and Acquisition Trust

Analysis

The White House Endowment and Acquisition Trust is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 September 2023, The White House Endowment and Acquisition Trust reported income of $3.4m and spending of $1000k, leaving 71% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.1m to $3.4m (+63%), an average of +13% a year. The sharpest change came in the year to September 2021, when income rose by 93%. Over the whole period it spent 41% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The White House Endowment and Acquisition Trust 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 90th percentile, and in the 75th percentile within DC. Charities of a similar size with the same main cause include Oklahoma City National Memorial Foundation ($3.4m), Grand Teton Natural History Association ($3.4m) and Oregon Country Fair ($3.4m).

At year end it held assets of $86.5m against liabilities of $69k, net assets of $86.4m.