Wycliffe Charities Foundation Inc

Analysis

Wycliffe Charities Foundation Inc is a registered charity in United States, based in Lake Worth, FL. It received its IRS tax-exemption ruling in April 1996, 30 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Wycliffe Charities Foundation Inc reported income of $284k and spending of $261k, spending 92% of its income. Across the 3 years on record, from October 2021 to October 2023, income grew from $181k to $284k (+56%), an average of +25% a year. The sharpest change came in the year to October 2023, when income rose by 42%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Wycliffe Charities Foundation Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within FL. Charities of a similar size with the same main cause include American Friends of the Norman Foster Foundation ($284k), Kipas Tzedukah Inc ($284k) and Stovall Foundation ($284k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $52k against liabilities of $0, net assets of $52k.