Weimar Institute
Analysis
Weimar Institute is a registered charity in United States, based in Weimar, CA. It received its IRS tax-exemption ruling in December 1978, 48 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Weimar Institute reported income of $9.7m and spending of $8.7m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.3m to $9.7m (+16%), an average of +3.9% a year. The sharpest change came in the year to June 2021, when income rose by 26%. Over the whole period it spent 79% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Weimar Institute sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Connection Fund Inc ($9.7m), Community Action Agency of Somerville Inc ($9.7m) and Special Olympics Minnesota Inc ($9.7m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 66% of the total. Other salaries and wages came to $3.8m. At year end it held assets of $22.2m against liabilities of $1.2m, net assets of $21.0m. It reported 170 employees.
Income and spending
Where the income comes from
- Contributions & grants 28%
- Program services 66%
- Other 6.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Connection Fund Inc | Middletown | $9.7m |
| Community Action Agency of Somerville Inc | Somerville | $9.7m |
| Special Olympics Minnesota Inc | Minneapolis | $9.7m |
| Compass Working Capital Inc | Boston | $9.7m |