Friends of Vancouver Foundation

Analysis

Friends of Vancouver Foundation is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in September 2009, 17 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Vancouver Foundation reported income of $1.4m and spending of $1.4m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $294k to $1.4m (+361%), an average of +46% a year. The sharpest change came in the year to December 2020, when income rose by 847%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Friends of Vancouver Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within WA. Charities of a similar size with the same main cause include Blackford County Community Foundation ($1.4m), United Way of Southeast Mississippi Inc ($1.4m) and Barry County United Way ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $184 against liabilities of $0, net assets of $184.