Wendell Fosters Campus for Developmental Disabilities Inc

Analysis

Wendell Fosters Campus for Developmental Disabilities Inc is a registered charity in United States, based in Owensboro, KY. It received its IRS tax-exemption ruling in June 1951, 75 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 October 2023, Wendell Fosters Campus for Developmental Disabilities Inc reported income of $24.4m and spending of $24.2m, spending 99% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $20.2m to $24.4m (+21%), an average of +4.8% a year. The sharpest change came in the year to October 2021, when income rose by 21%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Wendell Fosters Campus for Developmental Disabilities Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within KY. Charities of a similar size with the same main cause include Mercy Hospital Cassville ($24.4m), Orthopaedic Institute for Children Foundation ($24.4m) and Barbara Ann Karmanos Cancer Institute ($24.4m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 3.4% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $560k (2.3% of expenses). Other salaries and wages came to $14.2m. At year end it held assets of $24.7m against liabilities of $4.0m, net assets of $20.7m. It reported 498 employees.