The Willows Foundation Inc

Analysis

The Willows Foundation Inc is a registered charity in United States, based in Laguna Hills, CA. It received its IRS tax-exemption ruling in December 1961, 65 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, The Willows Foundation Inc reported income of $4.1m and spending of $4.6m, spending 112% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.2m to $4.1m (+31%), an average of +6.9% a year. The sharpest change came in the year to September 2021, when income rose by 34%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Willows Foundation Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Project Worthmore ($4.1m), Abilities Richmond ($4.1m) and Geriatric Services Inc ($4.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 17% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $163k (3.5% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $8.4m against liabilities of $479k, net assets of $7.9m. It reported 46 employees.