W L S Spencer Foundation
Only null% goes to programs Strong reserves Declining revenue
W L S Spencer Foundation is a 501(c)(3) organization based in New York, New York, registered in 1995, with $1,313,741 in FY2024 revenue. CharityIndex grades it D.
555 Madison Avenue 16th Floor, New York, NY, 10022 EIN 13-3799186 Since 1995
Revenue (FY2024)
$1.3M
▼ 26.9% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$1.6M
Net assets
$8.9M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 W L S Spencer Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating65 mo reserves · -25% 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 W L S Spencer Foundation: 65 mo reserves · -25% margin earns a D 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 W L S Spencer Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 W L S Spencer Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 555 Madison Avenue 16th Floor, New York, NY, 10022
- City
- New York
- State
- New York
- Subcategory
- Private Foundations
- Website
- …
Financial trends
Revenue declined from $3.3M (FY2013) to $1.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $8.9M
Operating margin
-25.3%
Spent more than it raised in the latest fiscal year.
Total assets
$8.9M
Total liabilities
$0
Net assets
$8.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,313,741▼26.9% | $1,645,564▼8.9% | $8,853,911▼3.6% | $8,853,911▼3.6% | 990PF |
| 2023 | $1,798,400▲56.5% | $1,806,436▲1.7% | $9,185,734▼6.3% | $9,185,734▼6.3% | 990PF |
| 2022 | $1,149,414▼57.4% | $1,775,654▲4.1% | $9,800,045▼7.3% | $9,800,045▼7.3% | 990PF |
| 2021 | $2,696,208▲84.2% | $1,705,214▲64.8% | $10,574,247▼0.7% | $10,574,247▼0.7% | 990PF |
| 2020 | $1,464,005▲63.7% | $1,034,816▼32.1% | $10,644,384▼0.6% | $10,644,384▼0.6% | 990PF |
| 2019 | $894,235▼50.6% | $1,524,745▲16.7% | $10,710,363▼5.8% | $10,710,363▼5.8% | 990PF |
| 2018 | $1,810,111▼31.3% | $1,306,386▼0.6% | $11,366,069▲1.4% | $11,366,069▲1.4% | 990PF |
| 2017 | $2,635,324▲4.4% | $1,314,270▼0.7% | $11,213,121▲12.1% | $11,213,121▲12.1% | 990PF |
| 2016 | $2,524,439▲26.9% | $1,323,245▲8.1% | $10,007,138▲11.0% | $10,007,138▲11.0% | 990PF |
| 2015 | $1,989,952▼38.5% | $1,223,586▼27.3% | $9,011,554▲6.2% | $9,011,554▲6.2% | 990PF |
| 2014 | $3,236,236▼3.2% | $1,682,402▲72.3% | $8,487,078▲14.0% | $8,487,078▲14.0% | 990PF |
| 2013 | $3,344,423 | $976,178▲7.4% | $7,443,773▲22.5% | $7,443,773▲22.5% | 990PF |
| 2012 | — | $908,984 | $6,074,216 | $6,074,216 | 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.
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Frequently asked questions
- Is W L S Spencer Foundation a legitimate nonprofit?
- Yes. W L S Spencer Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-3799186, based in New York, New York. Donations are tax-deductible.
- What is W L S Spencer Foundation's EIN?
- W L S Spencer Foundation's Employer Identification Number (EIN) is 13-3799186.
- How much revenue does W L S Spencer Foundation report?
- W L S Spencer Foundation reported $1,313,741 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does W L S Spencer Foundation have?
- CharityIndex grades W L S Spencer Foundation D, based on financial health (reserves and operating margin).
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Data for W L S Spencer Foundation (EIN 13-3799186) 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.