Wareham Hall Renovation Fund

Analysis

Wareham Hall Renovation Fund is a registered charity in United States, based in Manhattan, KS. It received its IRS tax-exemption ruling in September 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wareham Hall Renovation Fund reported income of $3.3m and spending of $231k, leaving 93% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $681k to $3.3m (+391%), an average of +391% a year. The sharpest change came in the year to December 2023, when income rose by 391%. Over the whole period it spent 6.6% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Wareham Hall Renovation Fund sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within KS. Charities of a similar size with the same main cause include Salem Foundation Pioneer Trust Company Trustee ($3.3m), Coalition of Homeless Services Providers ($3.3m) and Southern California Tennis Association Foundation ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. It paid $2,989 in professional fundraising fees. At year end it held assets of $3.8m against liabilities of $2,931, net assets of $3.7m.