Wells Clayton Whitworth Memorial Foundation

Analysis

Wells Clayton Whitworth Memorial Foundation is a registered charity in United States, based in Madison, AL. It received its IRS tax-exemption ruling in September 2024, 2 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Wells Clayton Whitworth Memorial Foundation reported income of $118k and spending of $163k, spending 138% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income fell from $132k to $118k (-11%), an average of -11% a year. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wells Clayton Whitworth Memorial Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within AL. Charities of a similar size with the same main cause include East Hampton Volunteer Food Bank Inc ($118k), Mercy Outreach Ministries IV Inc ($118k) and For All Ages Inc ($118k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $14k against liabilities of $0, net assets of $14k.