Invested

Analysis

Invested is a registered charity in United States, based in Renton, WA. It received its IRS tax-exemption ruling in January 2015, 11 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 June 2023, Invested reported income of $1.2m and spending of $1.8m, spending 151% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $995k to $1.2m (+20%), an average of +4.7% a year. The sharpest change came in the year to June 2021, when income rose by 169%. Over the whole period it spent 121% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Invested sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within WA. Charities of a similar size with the same main cause include Visiting Nurses Foundation ($1.2m), Cincinnati Blue Line Foundation ($1.2m) and Encircle Therapy ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% of the total. Compensation of current officers, directors and key employees was $174k (9.6% of expenses). Other salaries and wages came to $542k. At year end it held assets of $8.6m against liabilities of $398k, net assets of $8.2m. It reported 8 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.