Washington State Budget and Policy Center

Analysis

Washington State Budget and Policy Center is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 State Budget and Policy Center reported income of $1.4m and spending of $1.8m, spending 131% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.4m (+7.7%), an average of +1.9% a year. The sharpest change came in the year to December 2022, when income dropped by 23%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Washington State Budget and Policy Center sits at the 81st percentile: it is larger than about 81% 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 Jefferson City Rape and Abuse Crisis Service ($1.4m), FCC Child Development Center Inc ($1.4m) and C N Wodehouse Faculty Benefit Trust at Punahou School ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $142k (8.0% of expenses). Other salaries and wages came to $932k. At year end it held assets of $1.6m against liabilities of $453k, net assets of $1.2m. It reported 13 employees.