Whitaker Charitable Project

Analysis

Whitaker Charitable Project is a registered charity in United States, based in Matthews, NC. It received its IRS tax-exemption ruling in February 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2022, Whitaker Charitable Project reported income of $287k and spending of $438k, spending 153% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income fell from $841k to $287k (-66%), an average of -66% a year. The sharpest change came in the year to December 2022, when income dropped by 66%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Whitaker Charitable Project sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within NC. Charities of a similar size with the same main cause include Tyrone Area Public Library ($286k), Integrative Learning Academy ($287k) and Friends of Irish Studies in the West ($286k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $249k. At year end it held assets of $183k against liabilities of $184k, net assets of -$523. It reported 25 employees.