Milford Wampold Support Foundation

Analysis

Milford Wampold Support Foundation is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in July 2000, 26 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 December 2023, Milford Wampold Support Foundation reported income of $762k and spending of $919k, spending 121% of what it took in. The sharpest change came in the year to December 2023, when income rose by 2565%. Over the whole period it spent 204% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Milford Wampold Support Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within LA. Charities of a similar size with the same main cause include Hillel the Foundation for Jewish Campus Life ($761k), HRS True Hope ($762k) and Social Movement Technologies Foundation Inc ($761k).

At year end it held assets of $17.7m against liabilities of $619k, net assets of $17.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.