Yakima Valley Community Foundation

Analysis

Yakima Valley Community Foundation is a registered charity in United States, based in Yakima, WA. It received its IRS tax-exemption ruling in December 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Yakima Valley Community Foundation reported income of $7.4m and spending of $7.6m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.4m to $7.4m (+68%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 137%. Over the whole period it spent 75% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Yakima Valley Community Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within WA. Charities of a similar size with the same main cause include Los Altos Community Foundation ($7.4m), Richmond Jewish Foundation ($7.4m) and Jewish Endowment Foundation ($7.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 7.8% of the total. Compensation of current officers, directors and key employees was $371k (4.9% of expenses). Other salaries and wages came to $652k. At year end it held assets of $81.4m against liabilities of $7.2m, net assets of $74.2m. It reported 13 employees.