Newman and Zeneth Ward Family Foundation

Analysis

Newman and Zeneth Ward Family Foundation is a registered charity in United States, based in Mesa, AZ. It received its IRS tax-exemption ruling in January 2003, 23 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Newman and Zeneth Ward Family Foundation reported income of $688k and spending of $711k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $688k (-45%), an average of -14% a year. The sharpest change came in the year to December 2021, when income rose by 2698%. Over the whole period it spent 89% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Newman and Zeneth Ward Family Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 72nd percentile within AZ. Charities of a similar size with the same main cause include Access-Supports for Living Foundation Inc ($688k), United Way of the West Shore ($688k) and Southwest Mississippi Christian Outreach Ministries Inc ($687k).

At year end it held assets of $17.1m against liabilities of $0, net assets of $17.1m.