Theo Wolf Foundation

Analysis

Theo Wolf Foundation is a registered charity in United States, based in Muscatine, IA. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 April 2024, Theo Wolf Foundation reported income of $58k and spending of $70k, spending 121% of what it took in. Across the 2 years on record, from April 2023 to April 2024, income grew from $25k to $58k (+132%), an average of +132% a year. The sharpest change came in the year to April 2024, when income rose by 132%. Over the whole period it spent 100% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Theo Wolf Foundation sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 20th percentile within IA. Charities of a similar size with the same main cause include Dubois Volunteer Fire Department ($57k), Burrell Township Volunteer Fire Department of Armstrong County ($58k) and Lafayette Fire Protective Association ($57k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 24% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.