Wegmans Family Foundation Inc

Analysis

Wegmans Family Foundation Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in August 2023, 3 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Wegmans Family Foundation Inc reported income of $699k and spending of $2.2m, spending 310% of what it took in. Over the whole period it spent -321% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Wegmans Family Foundation Inc 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 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include East Central Indiana Eci Regional Planning District Inc ($698k), Simsbury Performing Arts Center Inc ($700k) and Larchmont-Mamaroneck Hunger Task Force Inc ($698k).

At year end it held assets of $49.5m against liabilities of $0, net assets of $49.5m.