Washington Athletic Club Foundation

Analysis

Washington Athletic Club Foundation is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in February 2019, 7 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 July 2023, Washington Athletic Club Foundation reported income of $143k and spending of $175k, spending 123% of what it took in. Across the 4 years on record, from July 2020 to July 2023, income fell from $200k to $143k (-29%), an average of -11% a year. The sharpest change came in the year to July 2021, when income rose by 69%. Over the whole period it spent 20% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Washington Athletic Club Foundation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 42nd percentile within WA. Charities of a similar size with the same main cause include The Performing Arts Studio Inc ($143k), The Historical Society of the District of Columbia Circuit ($143k) and Torpedo Factory Print Makers Inc ($143k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $723k against liabilities of $22k, net assets of $701k.