Willie NG Family Foundation Inc

Analysis

Willie NG Family Foundation Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in May 2017, 9 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 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 December 2023, Willie NG Family Foundation Inc reported income of $500k and spending of $69k, leaving 86% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $700 to $500k (+71371%), an average of +71371% a year. The sharpest change came in the year to December 2023, when income rose by 71371%. Over the whole period it spent 22% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Willie NG Family Foundation Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include Community Development Collaborative of Greater Columbus ($500k), Israel Independence Fund ($500k) and Priester Foundation ($500k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $438k against liabilities of $0, net assets of $438k.