Washington State Department of Transportation Memorial Foundation

Analysis

Washington State Department of Transportation Memorial Foundation is a registered charity in United States, based in Olympia, WA. It received its IRS tax-exemption ruling in August 2012, 14 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Washington State Department of Transportation Memorial Foundation reported income of $145k and spending of $106k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $137k to $145k (+5.4%), an average of +5.4% a year. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Washington State Department of Transportation Memorial Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 42nd percentile within WA. Charities of a similar size with the same main cause include Hospital Auxiliary of the Los Alamos Medical Center Inc ($145k), Womans Club of Raleigh Inc ($145k) and Habitat for Humanity International Inc ($145k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% of the total. Compensation of current officers, directors and key employees was $18k (17% of expenses). At year end it held assets of $538k against liabilities of $2,375, net assets of $536k. It reported 1 employees.