Weiser Charitable Foundation

Analysis

Weiser Charitable Foundation is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in July 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 private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Weiser Charitable Foundation reported income of $10.5m and spending of $2.2m, leaving 79% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.0m to $10.5m (+162%), an average of +27% a year. The sharpest change came in the year to September 2023, when income rose by 6427%. Over the whole period it spent 26% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Weiser Charitable Foundation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within MI. Charities of a similar size with the same main cause include Lehigh Valley Community Foundation ($10.5m), Hollingsworth Funds Inc ($10.5m) and Southcoast Community Foundation Inc ($10.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $17.7m against liabilities of $0, net assets of $17.7m.