Rainier Club Historic Foundation

Analysis

Rainier Club Historic Foundation is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in June 2003, 23 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2023, Rainier Club Historic Foundation reported income of $467k and spending of $349k, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $25k to $467k (+1745%), an average of +107% a year. The sharpest change came in the year to June 2022, when income rose by 358%. Over the whole period it spent 151% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rainier Club Historic Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within WA. Charities of a similar size with the same main cause include Bridging Cultural Gaps ($467k), San Leandro Curtain Call Performing Arts ($467k) and Harrisburg Area Riverboat Society ($467k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $765k against liabilities of $53k, net assets of $712k.