Kristy Williams Memorial Foundation

Analysis

Kristy Williams Memorial Foundation is a registered charity in United States, based in Lowell, MA. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 December 2023, Kristy Williams Memorial Foundation reported income of $65k and spending of $63k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $144k to $65k (-55%), an average of -55% a year. The sharpest change came in the year to December 2023, when income dropped by 55%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Kristy Williams Memorial Foundation sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 34th percentile within MA. Charities of a similar size with the same main cause include Scalabrini House Inc ($65k), Delta Inc ($65k) and Chicago Health Clinic NFP ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 47% of the total. At year end it held assets of $76k against liabilities of $0, net assets of $76k.