I W Foundation Inc
Only null% goes to programs Strong reserves Declining revenue
I W Foundation Inc is a 501(c)(3) organization based in Bronx, New York, registered in 1997, with $299,141 in FY2024 revenue. CharityIndex grades it F.
630 West 2416th Street 323, Bronx, NY, 10471 EIN 13-3924347 Since 1997
Revenue (FY2024)
$299K
▲ 16.5% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$492K
Net assets
$5.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for I W Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating133 mo reserves · -65% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For I W Foundation Inc: 133 mo reserves · -65% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for I W Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For I W Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 630 West 2416th Street 323, Bronx, NY, 10471
- City
- Bronx
- State
- New York
- Subcategory
- Public Foundations
Financial trends
Revenue declined from $397K (FY2017) to $299K (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $5.5M
Operating margin
-64.5%
Spent more than it raised in the latest fiscal year.
Total assets
$5.5M
Total liabilities
$0
Net assets
$5.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $299,141▲16.5% | $492,199▲3.8% | $5,452,779▼3.4% | $5,452,779▼3.4% | 990PF |
| 2023 | $256,726▲23.7% | $474,172▼2.6% | $5,643,441▼3.8% | $5,646,304▼3.8% | 990PF |
| 2022 | $207,602▼64.2% | $486,848▲5.6% | $5,864,252▼4.4% | $5,867,115▼4.4% | 990PF |
| 2021 | $579,711▲157% | $461,176▲43.4% | $6,135,351▲2.1% | $6,138,214▲2.1% | 990PF |
| 2020 | $225,496▼18.0% | $321,525▲5.6% | $6,007,706▼1.5% | $6,010,595▼1.5% | 990PF |
| 2019 | $274,936▼18.5% | $304,585▼27.8% | $6,096,680▼0.5% | $6,099,595▼0.5% | 990PF |
| 2018 | $337,209▼15.1% | $422,064▲1.3% | $6,125,359▼0.5% | $6,128,300▼1.1% | 990PF |
| 2017 | $397,056 | $416,456 | $6,153,587 | $6,197,002 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Similar organizations in Philanthropy
Compare I W Foundation Inc
Frequently asked questions
- Is I W Foundation Inc a legitimate nonprofit?
- Yes. I W Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-3924347, based in Bronx, New York. Donations are tax-deductible.
- What is I W Foundation Inc's EIN?
- I W Foundation Inc's Employer Identification Number (EIN) is 13-3924347.
- How much revenue does I W Foundation Inc report?
- I W Foundation Inc reported $299,141 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does I W Foundation Inc have?
- CharityIndex grades I W Foundation Inc F, based on financial health (reserves and operating margin).
More nonprofits in Bronx
Explore more
Data for I W Foundation Inc (EIN 13-3924347) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.