Willenium Enterprise Foundation

Analysis

Willenium Enterprise Foundation is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in February 2022, 4 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, Willenium Enterprise Foundation reported income of $99k and spending of $94k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $5,000 to $99k (+1876%), an average of +1876% a year. The sharpest change came in the year to December 2023, when income rose by 1876%. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Willenium Enterprise Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within KY. Charities of a similar size with the same main cause include Obioma Onyeador Foundation Inc ($99k), Fundacion Dr John a & Virginia Smith Inc ($99k) and International Egg Foundation ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $7,533 against liabilities of $0, net assets of $7,533.