Naiop Foundation of Washington

Analysis

Naiop Foundation of Washington is a registered charity in United States, based in Redmond, WA. It received its IRS tax-exemption ruling in July 2003, 23 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 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 December 2023, Naiop Foundation of Washington reported income of $113k and spending of $137k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $156k to $113k (-27%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Naiop Foundation of Washington sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 36th percentile within WA. Charities of a similar size with the same main cause include Bikes for Tykes Inc ($113k), Rocky Mountain Ultimate ($113k) and LA Frontera Conservation Fund ($113k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 7.9% of the total. At year end it held assets of $188k against liabilities of $24k, net assets of $164k.