Central Washington University Foundation

Analysis

Central Washington University Foundation is a registered charity in United States, based in Ellensburg, WA. It received its IRS tax-exemption ruling in July 1969, 57 years ago. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Central Washington University Foundation reported income of $5.7m and spending of $5.3m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $6.2m to $5.7m (-8.5%), an average of -2.2% a year. The sharpest change came in the year to June 2022, when income rose by 30%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Central Washington University Foundation sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within WA. Charities of a similar size with the same main cause include Early Childhood Education Center ($5.7m), Seaview Community Services ($5.7m) and Winston School San Antonio ($5.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% and program service revenue 0.5% of the total. Other salaries and wages came to $245k. It paid $203k in professional fundraising fees. At year end it held assets of $54.0m against liabilities of $3.3m, net assets of $50.7m.