NWW Foundation

Analysis

NWW Foundation is a registered charity in United States, based in Winchester, VA. It received its IRS tax-exemption ruling in May 2019, 7 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 (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, NWW Foundation reported income of $56k and spending of $57k, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.2m to $56k (-98%), an average of -64% a year. The sharpest change came in the year to June 2022, when income rose by 442%. Over the whole period it spent 40% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, NWW Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within VA. Charities of a similar size with the same main cause include Christmas for Charity Inc ($56k), Brooklyn Womens Bar Association Foundation Inc ($56k) and Harbor Beach Hospital Foundation ($56k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $2.5m against liabilities of $0, net assets of $2.5m.