Osu Lew Wentz Foundation

Analysis

Osu Lew Wentz Foundation is a registered charity in United States, based in Wickenburg, AZ. It received its IRS tax-exemption ruling in February 1950, 76 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Osu Lew Wentz Foundation reported income of $618k and spending of $902k, spending 146% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.2m to $618k (-48%), an average of -20% a year. The sharpest change came in the year to June 2021, when income rose by 222%. Over the whole period it spent 43% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Osu Lew Wentz Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 70th percentile within AZ. Charities of a similar size with the same main cause include Glenview Methodist Pre School Inc ($618k), Grace Community School ($618k) and Puerta Abierta Preschool ($618k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% of the total. Compensation of current officers, directors and key employees was $60k (6.7% of expenses). At year end it held assets of $18.6m against liabilities of $13k, net assets of $18.6m.