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Filing year 2024

Wichita Falls Area Community Foundation

Wichita Falls, Texas·EIN 75-2817894·NTEE T31 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$17.4M
Total assets
$91.2M
Total expenses
$7.3M
Reported officers
15
Mission

The mission of the Wichita Falls Area Community Foundation is to enhance the quality of life in the Wichita Falls area through the promotion and support of charitable giving. Our vision is to build strong, vibrant communities inspired by generosity.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide.

Former President
Former Officer/director/trustee
Median to 75th percentile
$167k
$177k
Base
$156k
Bonus
Other
Benefits
$3k
President
Key Employee
10th to 25th percentile
$31k
$33k
Base
$29k
Bonus
Other
Benefits

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 13 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at Wichita Falls Area Community Foundation equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
2%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Held steady
from 2023

From $167k in 2023 to $167k in 2024.

$167k
2023
$167k
2024
In today's dollarsEst.
Down 3% in real terms$182k to $177k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Key Employee pay fell 81% from 2023 to 2024, while revenue rose 98%.

$167k in 2023 to $31k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Wichita Falls Area Community Foundation

What does the Former Officer/director/trustee of Wichita Falls Area Community Foundation earn?

In 2024, the Former Officer/director/trustee of Wichita Falls Area Community Foundation received $167,149 in total compensation. This pay is above the median (the midpoint) for Former Officer/director/trustee roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.

How does Former Officer/director/trustee pay at Wichita Falls Area Community Foundation compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2024 pay of the Former Officer/director/trustee at Wichita Falls Area Community Foundation falls between the median and the 75th percentile. In 2024, the highest total compensation at Wichita Falls Area Community Foundation equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are Wichita Falls Area Community Foundation's revenue and expenses?

In 2024, Wichita Falls Area Community Foundation reported $17.4M in total revenue and $7.3M in total expenses on its IRS Form 990.

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