300sl Foundation

Analysis

300sl Foundation is a registered charity in United States, based in Fox Island, WA. It received its IRS tax-exemption ruling in May 2019, 7 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, 300sl Foundation reported income of $478k and spending of $499k, spending 104% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $481k to $478k (-0.6%), an average of -0.2% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, 300sl Foundation sits at the 73rd percentile: it is larger than about 72% 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 Main Street Keokuk Inc ($478k), Saint John the Evangelist Cornerstone Trust ($478k) and Armenia Fund Inc ($478k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. At year end it held assets of $213k against liabilities of $9,632, net assets of $203k.