Wyoming Community Foundation
Analysis
Wyoming Community Foundation is a registered charity in United States, based in Laramie, WY. It received its IRS tax-exemption ruling in April 1989, 37 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, Wyoming Community Foundation reported income of $23.0m and spending of $12.1m, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $13.7m to $23.0m (+67%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 63% of the income it received.
Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Wyoming Community Foundation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 99th percentile within WY. Charities of a similar size with the same main cause include Community Foundation of Acadiana ($22.9m), Worldwide Inventory Network Inc ($23.1m) and United Way of Central Ohio Inc ($22.8m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% of the total. Compensation of current officers, directors and key employees was $550k (4.5% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $214.4m against liabilities of $38.6m, net assets of $175.7m. It reported 21 employees.
Income and spending
Where the income comes from
- Contributions & grants 59%
- Other 41%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Community Foundation of Acadiana | Lafayette | $22.9m |
| Worldwide Inventory Network Inc | Saint Louis | $23.1m |
| United Way of Central Ohio Inc | Columbus | $22.8m |
| Pratham USA | Houston | $23.1m |