Washington Bus Education Fund

Analysis

Washington Bus Education Fund is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in September 2009, 17 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Washington Bus Education Fund reported income of $448k and spending of $532k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $500k to $448k (-10%), an average of -2.7% a year. The sharpest change came in the year to December 2020, when income rose by 21%. Over the whole period it spent 97% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Washington Bus Education Fund sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within WA. Charities of a similar size with the same main cause include Hartford Community Restorative Justice Center ($448k), Court Appointed Special Advocates ($449k) and Casa of Grant County Inc ($448k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $80k (15% of expenses). Other salaries and wages came to $268k. At year end it held assets of $319k against liabilities of $57k, net assets of $262k.