Witkop Foundation Incorporated

Analysis

Witkop Foundation Incorporated is a registered charity in United States, based in Sand Springs, OK. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Witkop Foundation Incorporated reported income of $155k and spending of $155k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $47k to $155k (+231%), an average of +82% a year. The sharpest change came in the year to December 2022, when income rose by 110%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Witkop Foundation Incorporated sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within OK. Charities of a similar size with the same main cause include Northeast Ohio Dance Ensemble ($155k), Bounce Back Global Incorporated ($155k) and North Slope Baptist Mission Inc ($155k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $38k against liabilities of $8,519, net assets of $30k.