Washington State Parks Foundation

Analysis

Washington State Parks Foundation is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 State Parks Foundation reported income of $686k and spending of $697k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $345k to $686k (+99%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 51%. Over the whole period it spent 77% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Washington State Parks Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within WA. Charities of a similar size with the same main cause include Oahc Inc ($685k), Knox Youth Sports Inc ($686k) and Hays County Youth Athletic Association ($685k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $118k (17% of expenses). Other salaries and wages came to $132k. At year end it held assets of $1.2m against liabilities of $28k, net assets of $1.1m. It reported 6 employees.