Washington Community Foundation Inc

Analysis

Washington Community Foundation Inc is a registered charity in United States, based in Washington Is, WI. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Community Foundation Inc reported income of $71k and spending of $122k, spending 171% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $364k to $71k (-80%), an average of -34% a year. The sharpest change came in the year to December 2020, when income dropped by 78%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Washington Community Foundation Inc sits at the 25th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 25th percentile within WI. Charities of a similar size with the same main cause include Grafton Christian Ministerial Association ($71k), A Home for Me Ministries Inc ($71k) and Helping Orphans Prosper Everywhere ($71k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 2.6% of the total. At year end it held assets of $899k against liabilities of $0, net assets of $899k.