W I Cook Foundation Inc

Analysis

W I Cook Foundation Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in October 1985, 41 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, W I Cook Foundation Inc reported income of $151.5m and spending of $44.8m, leaving 70% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $80.4m to $151.5m (+88%), an average of +17% a year. The sharpest change came in the year to September 2021, when income rose by 195%. Over the whole period it spent 29% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, W I Cook Foundation Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within TX. Charities of a similar size with the same main cause include Kuakini Medical Center ($151.3m), St John Health System Inc ($151.6m) and Gottlieb Memorial Hospital ($151.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 18% of the total. Compensation of current officers, directors and key employees was $3.6m (7.9% of expenses). Other salaries and wages came to $4.1m. It paid $50k in professional fundraising fees. At year end it held assets of $3.80bn against liabilities of $9.5m, net assets of $3.79bn. It reported 46 employees.