Katie Weingartner Foundation

Analysis

Katie Weingartner Foundation is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in November 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Katie Weingartner Foundation reported income of $455k and spending of $261k, leaving 43% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $84k to $455k (+445%), an average of +445% a year. The sharpest change came in the year to December 2023, when income rose by 445%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Katie Weingartner Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within NV. Charities of a similar size with the same main cause include Palm Arts ($455k), Crossing Cooperative Nursery School Inc ($455k) and Great Lakes Academy Support Corporation ($455k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. Other salaries and wages came to $175k. At year end it held assets of $214k against liabilities of $3,047, net assets of $211k. It reported 9 employees.