Wanderer Family Foundation

Analysis

Wanderer Family Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Wanderer Family Foundation reported income of $350k and spending of $79k, leaving 77% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $174k to $350k (+102%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 769%. Over the whole period it spent 55% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Wanderer Family Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include The Joseph Fund Inc ($350k), The Heron Fund ($350k) and United Way of Wise County ($350k).

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 $962k against liabilities of $70k, net assets of $892k.