Whitemarsh Foundation

Whitemarsh Foundation shows consistent asset growth and no reported officer compensation over a decade.

EIN: 20545031 · Lafayette Hl, PA · NTEE: C34 · Updated: 2026-03-28

$903KRevenue

$15.5MAssets

85/100Mission Score (Excellent)

C34

About Whitemarsh Foundation

Whitemarsh Foundation (EIN: 20545031) is a nonprofit organization based in Lafayette Hl, PA, classified under NTEE code C34. The organization reported total revenue of $903K and total assets of $15.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Whitemarsh Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Whitemarsh Foundation demonstrates a consistent pattern of financial growth in assets, increasing from $9,938,079 in 2014 to $14,485,996 in 2023. Revenue has fluctuated, with a notable peak of $1,519,941 in 2015 and a more recent trend of increasing revenue from $550,826 in 2020 to $875,274 in 2023. The organization consistently reports 0% officer compensation, which is a strong indicator of volunteer leadership and efficient use of funds, contributing positively to its financial health. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories from the provided data, a precise assessment of spending efficiency is challenging. The low liabilities relative to assets across all years suggest good financial management and stability.

While the foundation's asset growth and lack of paid executive compensation are positive indicators, the absence of detailed expense allocation in the provided data limits a full transparency assessment regarding how funds are distributed across its mission-related activities versus overhead. The consistent growth in assets, even with fluctuating revenues, suggests effective long-term financial stewardship. To fully evaluate spending efficiency, a deeper dive into the functional expense breakdown on their Form 990 would be necessary. The organization's financial stability appears robust, with assets significantly outweighing liabilities.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Whitemarsh 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: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Whitemarsh Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The Whitemarsh Foundation consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based or compensated through other means not categorized as officer compensation, which is highly favorable for donor confidence and resource allocation.

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.

Strengths

The following positive indicators were identified for Whitemarsh Foundation:

Consistent asset growth, from $9.9M in 2014 to $14.4M in 2023.
No reported officer compensation across all available filings, indicating volunteer leadership or highly efficient compensation practices.
Low liabilities relative to assets, suggesting strong financial management and solvency.
Positive net income in most recent years (e.g., $875,274 revenue vs. $607,899 expenses in 2023).

Frequently Asked Questions about Whitemarsh Foundation

Is Whitemarsh Foundation a good charity?

Based on the provided data, Whitemarsh Foundation appears to be a financially stable organization with consistent asset growth and no reported officer compensation, suggesting efficient use of funds. However, a full assessment of 'goodness' would require detailed program expense data.

How has the organization's revenue trended over the last five years?

The organization's revenue has generally increased over the last five years, from $550,826 in 2020 to $875,274 in 2023, with a slight dip in 2022 from 2021's $763,155.

What is the organization's financial stability?

The Whitemarsh Foundation demonstrates strong financial stability, with assets consistently growing from $9,938,079 in 2014 to $14,485,996 in 2023, and liabilities remaining very low relative to assets across all periods.

Filing History

IRS 990 filing history for Whitemarsh Foundation showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Whitemarsh Foundation's revenue has grown by 44.5%, moving from $606K to $875K. Total assets increased by 68.1% over the same period, from $8.6M to $14.5M. Total functional expenses rose by 132.1%, from $262K to $608K. In its most recent filing year (2023), Whitemarsh Foundation reported a surplus of $267K, with revenue exceeding expenses. The organization holds $14K in liabilities against $14.5M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $14.5M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$875K	$608K	$14.5M	$14K	—	View 990
2022	$763K	$462K	$13.4M	$27K	—	—
2021	$669K	$465K	$14.1M	$57K	—	View 990
2020	$551K	$507K	$13.3M	$62K	—	—
2019	$1.1M	$446K	$12.6M	$78K	—	View 990
2018	$582K	$399K	$11.3M	$89K	—	View 990
2017	$392K	$414K	$11.3M	$106K	—	View 990
2016	$304K	$380K	$11.0M	$120K	—	View 990
2015	$1.5M	$358K	$10.9M	$132K	—	View 990
2014	$397K	$470K	$9.9M	$145K	—	View 990
2013	$479K	$290K	$9.6M	$19K	—	View 990
2012	$509K	$283K	$9.0M	$25K	—	View 990
2011	$606K	$262K	$8.6M	$19K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $875K, expenses of $608K, and assets of $14.5M (revenue +14.7% year-over-year).
2022: Revenue of $763K, expenses of $462K, and assets of $13.4M (revenue +14.1% year-over-year).
2021: Revenue of $669K, expenses of $465K, and assets of $14.1M (revenue +21.4% year-over-year).
2020: Revenue of $551K, expenses of $507K, and assets of $13.3M (revenue -48.6% year-over-year).
2019: Revenue of $1.1M, expenses of $446K, and assets of $12.6M (revenue +84.4% year-over-year).
2018: Revenue of $582K, expenses of $399K, and assets of $11.3M (revenue +48.4% year-over-year).
2017: Revenue of $392K, expenses of $414K, and assets of $11.3M (revenue +28.9% year-over-year).
2016: Revenue of $304K, expenses of $380K, and assets of $11.0M (revenue -80.0% year-over-year).
2015: Revenue of $1.5M, expenses of $358K, and assets of $10.9M (revenue +282.5% year-over-year).
2014: Revenue of $397K, expenses of $470K, and assets of $9.9M (revenue -17.0% year-over-year).
2013: Revenue of $479K, expenses of $290K, and assets of $9.6M (revenue -6.0% year-over-year).
2012: Revenue of $509K, expenses of $283K, and assets of $9.0M (revenue -15.9% year-over-year).
2011: Revenue of $606K, expenses of $262K, and assets of $8.6M.

Data Sources and Methodology

This transparency report for Whitemarsh 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.