University of North Carolina at Greensboro Weatherspoon Arts Found

Analysis

University of North Carolina at Greensboro Weatherspoon Arts Found is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in October 1989, 37 years ago. 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 June 2023, University of North Carolina at Greensboro Weatherspoon Arts Found reported income of $3.4m and spending of $0, leaving 100% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $191k to $3.4m (+1706%), an average of +162% a year. The sharpest change came in the year to June 2023, when income rose by 2196%. Over the whole period it spent 0.0% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, University of North Carolina at Greensboro Weatherspoon Arts Found sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NC. Charities of a similar size with the same main cause include A Womans Place ($3.4m), San Luis Obispo Nonprofit Housing Corporation ($3.4m) and Presbyterian Home for Children ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $27.8m against liabilities of $0, net assets of $27.8m.