Ruth Winkelman Wender Foundation
Ruth Winkelman Wender Foundation consistently operates at a deficit, drawing on substantial assets for grantmaking.
EIN: 113465667 · Wilmington, DE · NTEE: T20 · Updated: 2026-03-28
Is Ruth Winkelman Wender Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ruth Winkelman Wender Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ruth Winkelman Wender Foundation
Ruth Winkelman Wender Foundation (EIN: 113465667) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20. The organization reported total revenue of $3.3M and total assets of $6.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ruth Winkelman Wender Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ruth Winkelman Wender Foundation is a mid-size nonprofit that has been operating for 27 years, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $409K |
| Total Expenses | $722K |
| Surplus / Deficit | $-313,578 |
| Total Assets | $6.7M |
| Total Liabilities | $1 |
| Net Assets | $6.7M |
| Operating Margin | -76.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 111.7 months |
Financial Health Grade: B
In 2023, Ruth Winkelman Wender Foundation reported a deficit of $314K with expenses exceeding revenue, holds 111.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2023), Ruth Winkelman Wender Foundation's revenue has declined at a compound annual growth rate (CAGR) of -3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -36.7% | +8.0% | -3.9% |
| 2022 | -42.5% | -11.4% | -0.5% |
| 2021 | +340.0% | +20.0% | +5.8% |
| 2020 | -48.6% | -0.9% | -5.5% |
| 2019 | -48.6% | +43.2% | +58.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ruth Winkelman Wender Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Ruth Winkelman Wender Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $314K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no executive compensation is paid, which is highly efficient for a foundation of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Ruth Winkelman Wender Foundation's IRS 990 filings:
- Consistent net losses in recent years (e.g., 2023: -$313,578; 2022: -$23,437), indicating reliance on asset drawdowns.
Strengths
The following positive indicators were identified for Ruth Winkelman Wender Foundation:
- Substantial asset base ($6,757,268) providing long-term stability.
- Zero reported officer compensation across all filings, indicating high efficiency in leadership costs.
- Minimal liabilities ($1), demonstrating strong financial health and low debt.
- Consistent history of grantmaking activities over more than a decade.
Frequently Asked Questions about Ruth Winkelman Wender Foundation
Is Ruth Winkelman Wender Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Ruth Winkelman Wender Foundation (EIN: 113465667) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Ruth Winkelman Wender Foundation spend its money?
Ruth Winkelman Wender Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ruth Winkelman Wender Foundation tax-deductible?
Ruth Winkelman Wender Foundation is registered as a tax-exempt nonprofit (EIN: 113465667). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Ruth Winkelman Wender Foundation a good charity?
As a private grantmaking foundation, its 'goodness' is measured by its grantmaking impact. Financially, it is very stable with substantial assets and no reported executive compensation, suggesting efficient use of funds for its intended purpose.
Why does the foundation consistently report expenses exceeding revenue in recent years?
This is common for private foundations that primarily operate by distributing grants from their endowment. The reported expenses likely represent grants made, and the revenue fluctuations reflect investment returns or contributions, with the foundation drawing on its principal when investment income is insufficient to cover grant commitments.
What is the primary use of the foundation's funds?
Given its NTEE code (T20 - Private Grantmaking Foundations) and the absence of officer compensation, the vast majority of its expenses are almost certainly directed towards program services in the form of grants to other organizations or individuals, with minimal administrative overhead.
Filing History
IRS 990 filing history for Ruth Winkelman Wender Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), Ruth Winkelman Wender Foundation's revenue has declined by 34.4%, moving from $624K to $409K. Total assets increased by 117.9% over the same period, from $3.1M to $6.7M. Total functional expenses rose by 135.4%, from $307K to $722K. In its most recent filing year (2023), Ruth Winkelman Wender Foundation reported a deficit of $314K, with expenses exceeding revenue. The organization holds $1 in liabilities against $6.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $6.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $409K | $722K | $6.7M | $1 | — | — |
| 2022 | $646K | $669K | $7.0M | $1 | — | View 990 |
| 2021 | $1.1M | $755K | $7.0M | $1 | — | View 990 |
| 2020 | $255K | $629K | $6.6M | $1 | — | View 990 |
| 2019 | $496K | $635K | $7.0M | $0 | — | View 990 |
| 2014 | $966K | $443K | $4.4M | $0 | — | View 990 |
| 2013 | $794K | $428K | $3.9M | $0 | — | View 990 |
| 2012 | $803K | $354K | $3.5M | $0 | — | View 990 |
| 2011 | $624K | $307K | $3.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $409K, expenses of $722K, and assets of $6.7M (revenue -36.7% year-over-year).
- 2022: Revenue of $646K, expenses of $669K, and assets of $7.0M (revenue -42.5% year-over-year).
- 2021: Revenue of $1.1M, expenses of $755K, and assets of $7.0M (revenue +340.0% year-over-year).
- 2020: Revenue of $255K, expenses of $629K, and assets of $6.6M (revenue -48.6% year-over-year).
- 2019: Revenue of $496K, expenses of $635K, and assets of $7.0M (revenue -48.6% year-over-year).
- 2014: Revenue of $966K, expenses of $443K, and assets of $4.4M (revenue +21.6% year-over-year).
- 2013: Revenue of $794K, expenses of $428K, and assets of $3.9M (revenue -1.1% year-over-year).
- 2012: Revenue of $803K, expenses of $354K, and assets of $3.5M (revenue +28.7% year-over-year).
- 2011: Revenue of $624K, expenses of $307K, and assets of $3.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ruth Winkelman Wender Foundation:
Data Sources and Methodology
This transparency report for Ruth Winkelman Wender Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.