Wuerffel Foundation Inc

Analysis

Wuerffel Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 March 2023, Wuerffel Foundation Inc reported income of $340k and spending of $411k, spending 121% of what it took in. Across the 3 years on record, from March 2021 to March 2023, income grew from $257k to $340k (+32%), an average of +15% a year. The sharpest change came in the year to March 2022, when income rose by 217%. Over the whole period it spent 71% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Wuerffel Foundation Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within GA. Charities of a similar size with the same main cause include Lansdowne Economic Development Corporation ($340k), Bullington Gardens Inc ($340k) and Partners for Performance Inc ($340k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 163% and program service revenue 2.7% of the total. Compensation of current officers, directors and key employees was $180k (44% of expenses). Other salaries and wages came to $9,417. At year end it held assets of $514k against liabilities of $109k, net assets of $405k. It reported 4 employees.