The William B Wiener Jr Foundation

Analysis

The William B Wiener Jr Foundation is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in July 1964, 62 years ago. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The William B Wiener Jr Foundation reported income of $30.5m and spending of $53.7m, spending 176% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.1m to $30.5m (+175%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 928%. Over the whole period it spent 149% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The William B Wiener Jr Foundation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within LA. Charities of a similar size with the same main cause include Opportunities Industrialization Center Inc ($30.5m), Good Shepherd Lutheran Home of Sauk Rapids Minnesota ($30.5m) and Young Womens Christian Association of Metropolitan St Louis Missouri ($30.4m).

At year end it held assets of $6.0m against liabilities of $0, net assets of $6.0m.