Greater Williamsburg Community TR Inc

Analysis

Greater Williamsburg Community TR Inc is a registered charity in United States, based in Williamsburg, VA. It received its IRS tax-exemption ruling in June 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 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 2023, Greater Williamsburg Community TR Inc reported income of $1.5m and spending of $1.7m, spending 116% of what it took in. Across the 5 years on record, from January 2020 to December 2023, income fell from $1.6m to $1.5m (-8.3%), an average of -2.1% a year. The sharpest change came in the year to December 2023, when income dropped by 69%. Over the whole period it spent 53% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Greater Williamsburg Community TR Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within VA. Charities of a similar size with the same main cause include American Museum of Science and Energy Foundation Inc ($1.5m), Gemach Chessed Inc ($1.5m) and Peninsula College Foundation ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. Compensation of current officers, directors and key employees was $103k (6.1% of expenses). Other salaries and wages came to $107k. At year end it held assets of $27.9m against liabilities of $45k, net assets of $27.8m. It reported 4 employees.