W7 Foundation

Analysis

W7 Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, W7 Foundation reported income of $53k and spending of $10k, leaving 81% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $32k to $53k (+63%), an average of +63% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 46% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, W7 Foundation sits at the 19th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 11th percentile within DC. Charities of a similar size with the same main cause include American Nicaraguan Foundation Inc ($53k), Childrens Heaven USA ($53k) and Teach International Inc ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $145k against liabilities of $0, net assets of $145k.