Friends of Westminster

Analysis

Friends of Westminster is a registered charity in United States, based in Venice, CA. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Friends of Westminster reported income of $280k and spending of $314k, spending 112% of what it took in. Across the 4 years on record, from June 2020 to June 2024, income grew from $232k to $280k (+21%), an average of +6.5% a year. The sharpest change came in the year to June 2023, when income rose by 17%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Westminster sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Mansfield High School Tiger Band Boosters ($280k), Harpswell Neck Fire and Rescue Inc ($280k) and Omaha Homeschool Learning Center ($280k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% and program service revenue 4.8% of the total. At year end it held assets of $87k against liabilities of $0, net assets of $87k.