Washburn High School Foundation

Analysis

Washburn High School Foundation is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in December 1987, 39 years ago. 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 June 2024, Washburn High School Foundation reported income of $153k and spending of $143k, spending 94% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $418k to $153k (-63%), an average of -18% a year. The sharpest change came in the year to June 2020, when income dropped by 62%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Washburn High School Foundation sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 45th percentile within MN. Charities of a similar size with the same main cause include Friends of Sutters Fort Inc ($153k), Kennedy-Douglass Center for the Arts Volunteers Inc ($153k) and S T R E a M Global Innovations Inc ($153k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.