West End Community Foundation Inc

Analysis

West End Community Foundation Inc is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in January 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. 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, West End Community Foundation Inc reported income of $650k and spending of $906k, spending 139% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $470k to $650k (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 136% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, West End Community Foundation Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within NC. Charities of a similar size with the same main cause include Peters Work ($650k), Transportation Professional Certification Board Inc ($650k) and Smart Thinking Foundation Inc ($650k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 5.0% of the total. Compensation of current officers, directors and key employees was $55k (6.1% of expenses). Other salaries and wages came to $126k. At year end it held assets of $4.0m against liabilities of $2,718, net assets of $4.0m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.