The Whit Program Inc

Analysis

The Whit Program Inc is a registered charity in United States, based in San Angelo, TX. It received its IRS tax-exemption ruling in August 2021, 5 years ago. 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, The Whit Program Inc reported income of $200k and spending of $97k, leaving 52% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $200k (+105%), an average of +105% a year. The sharpest change came in the year to December 2023, when income rose by 105%. Over the whole period it spent 42% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Whit Program Inc sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within TX. Charities of a similar size with the same main cause include Road Runners Club of America ($200k), Serra International Foundation ($200k) and Little League Baseball Inc ($200k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 117% of the total. Compensation of current officers, directors and key employees was $55k (57% of expenses). At year end it held assets of $189k against liabilities of $1,230, net assets of $187k. It reported 2 employees.