Noah Webster Educational Foundation

Analysis

Noah Webster Educational Foundation is a registered charity in United States, based in Bedford, VA. It received its IRS tax-exemption ruling in December 2019, 7 years ago. 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, Noah Webster Educational Foundation reported income of $427k and spending of $386k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $204k to $427k (+110%), an average of +110% a year. The sharpest change came in the year to December 2023, 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, Noah Webster Educational Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within VA. Charities of a similar size with the same main cause include Boy Scouts of America ($427k), Sturge-Weber Foundation ($427k) and N B C U S a Housing Inc Nine ($427k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $90k (23% of expenses). At year end it held assets of $88k against liabilities of $3,670, net assets of $85k. It reported 6 employees.