Friends of the Children - Southwest Washington - Swwa

Analysis

Friends of the Children - Southwest Washington - Swwa is a registered charity in United States, based in Vancouver, WA. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 August 2023, Friends of the Children - Southwest Washington - Swwa reported income of $3.7m and spending of $1.6m, leaving 58% of income unspent that year. Across the 3 years on record, from August 2021 to August 2023, income grew from $2.1m to $3.7m (+78%), an average of +34% a year. The sharpest change came in the year to August 2023, when income rose by 214%. Over the whole period it spent 52% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Friends of the Children - Southwest Washington - Swwa sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within WA. Charities of a similar size with the same main cause include Mission Quest ($3.7m), Oconnell Childrens Shelter Inc ($3.7m) and Achieving Dreams ($3.7m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $148k (9.4% of expenses). Other salaries and wages came to $781k. At year end it held assets of $3.6m against liabilities of $146k, net assets of $3.5m. It reported 14 employees.