Washington Blade Foundation

Analysis

Washington Blade Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 October 2023, Washington Blade Foundation reported income of $96k and spending of $44k, leaving 54% of income unspent that year. Across the 3 years on record, from October 2019 to October 2023, income fell from $139k to $96k (-31%), an average of -17% a year. The sharpest change came in the year to October 2022, when income dropped by 36%. Over the whole period it spent 56% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Washington Blade Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 18th percentile within DC. Charities of a similar size with the same main cause include Kilgore Historical Preservation Foundation ($96k), Loading Dock Arts Inc ($96k) and Phoenix Holocaust Association ($96k).

On its Form 990-EZ for the period ending October 2023, revenue came from contributions and grants 102% of the total. At year end it held assets of $150k against liabilities of $13k, net assets of $137k.