Lew Wentz Foundation

Analysis

Lew Wentz Foundation is a registered charity in United States, based in Norman, OK. It received its IRS tax-exemption ruling in June 1951, 75 years ago. 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 2024, Lew Wentz Foundation reported income of $990k and spending of $386k, leaving 61% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.5m to $990k (-33%), an average of -9.5% a year. The sharpest change came in the year to June 2021, when income dropped by 56%. Over the whole period it spent 59% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lew Wentz Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within OK. Charities of a similar size with the same main cause include Feed My Hungry Children Inc ($990k), Bear Creek Development Center Inc ($990k) and Youth for Christ USA Inc ($990k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 39% of the total. At year end it held assets of $33.2m against liabilities of $219, net assets of $33.2m.