Westminster Ingleside Presbyterian Foundation

Analysis

Westminster Ingleside Presbyterian Foundation is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in October 1999, 27 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Westminster Ingleside Presbyterian Foundation reported income of $3.6m and spending of $2.6m, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.7m to $3.6m (-47%), an average of -15% a year. The sharpest change came in the year to December 2020, when income dropped by 39%. Over the whole period it spent 39% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Westminster Ingleside Presbyterian Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MD. Charities of a similar size with the same main cause include Orange County Senior Living Incorporated ($3.6m), Transformation Network ($3.6m) and Fellowship Square Foundation Incorporated ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% of the total. At year end it held assets of $29.5m against liabilities of $6.5m, net assets of $23.0m. It reported 4 employees.