West Virginia National Guard Foundation Inc

Analysis

West Virginia National Guard Foundation Inc is a registered charity in United States, based in Charleston, WV. It received its IRS tax-exemption ruling in July 1992, 34 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, West Virginia National Guard Foundation Inc reported income of $408k and spending of $351k, spending 86% of its income. Across the 2 years on record, from December 2021 to December 2023, income grew from $148k to $408k (+175%), an average of +175% a year. The sharpest change came in the year to December 2023, when income rose by 175%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, West Virginia National Guard Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within WV. Charities of a similar size with the same main cause include Senior Housing Association of White Lake Inc ($408k), Westport Writers Workshop I Inc ($408k) and Medford Community Housing Inc ($408k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.