Wvi Dolphin Foundation

Analysis

Wvi Dolphin Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 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 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, Wvi Dolphin Foundation reported income of $188k and spending of $114k, leaving 39% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income fell from $245k to $188k (-24%), an average of -12% a year. The sharpest change came in the year to December 2023, when income rose by 61%. Over the whole period it spent 70% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Wvi Dolphin Foundation sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include William and Barbara Fitzgerald Family Foundation ($188k), Safe Kids of Georgia Inc ($188k) and United Way of Coles County Inc ($187k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 117% of the total. Compensation of current officers, directors and key employees was $53k (47% of expenses). At year end it held assets of $154k against liabilities of $8,469, net assets of $146k. It reported 1 employees.