Wentworth Military Academy Museum Endowment

Analysis

Wentworth Military Academy Museum Endowment is a registered charity in United States, based in Lexington, MO. It received its IRS tax-exemption ruling in April 2020, 6 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wentworth Military Academy Museum Endowment reported income of $726k and spending of $82k, leaving 89% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $1.0m to $726k (-30%), an average of -11% a year. The sharpest change came in the year to December 2023, when income rose by 166%. Over the whole period it spent 7.5% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Wentworth Military Academy Museum Endowment sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within MO. Charities of a similar size with the same main cause include Max S Baucus Institute ($726k), Landfall Foundation Inc ($727k) and Historic Everett Theatre Preservation Society ($726k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $2.9m against liabilities of $677k, net assets of $2.2m.