Deep and Wide Foundation

Analysis

Deep and Wide Foundation is a registered charity in United States, based in Burke, VA. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Deep and Wide Foundation reported income of $114k and spending of $88k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $42k to $114k (+171%), an average of +171% a year. The sharpest change came in the year to December 2023, when income rose by 171%. Over the whole period it spent 73% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Deep and Wide Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 40th percentile within VA. Charities of a similar size with the same main cause include Chantell Cooley Ministries ($114k), Dotlife Inc ($114k) and Ministerio Profetico El Nuevo Retono Inc ($114k).

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 $42k against liabilities of $0, net assets of $42k.