Walker College Foundation

Analysis

Walker College Foundation is a registered charity in United States, based in Jasper, AL. It received its IRS tax-exemption ruling in October 2019, 7 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 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, Walker College Foundation reported income of $2.6m and spending of $519k, leaving 80% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.7m to $2.6m (-2.8%), an average of -0.7% a year. The sharpest change came in the year to December 2022, when income dropped by 143%. Over the whole period it spent 27% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Walker College Foundation 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 88th percentile, and in the 91st percentile within AL. Charities of a similar size with the same main cause include Tampa Bay Buccaneers Foundation Inc ($2.6m), Fearless Foundation ($2.6m) and Eagle Valley Community Foundation ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% of the total. At year end it held assets of $16.8m against liabilities of $2,738, net assets of $16.8m. It reported 2 employees.