Foundation of Wesley Woods Inc

Analysis

Foundation of Wesley Woods Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in March 1984, 42 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 August 2023, Foundation of Wesley Woods Inc reported income of $3.8m and spending of $2.8m, leaving 26% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income fell from $3.9m to $3.8m (-1.8%), an average of -0.5% a year. The sharpest change came in the year to August 2021, when income rose by 537%. Over the whole period it spent 49% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Foundation of Wesley Woods Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within GA. Charities of a similar size with the same main cause include Harbor House of Jackson Inc ($3.8m), Biocon Inc ($3.8m) and Aidsnet ($3.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 78% of the total. It paid $21k in professional fundraising fees. At year end it held assets of $45.8m against liabilities of $686k, net assets of $45.1m. It reported 5 employees.