Green Lake Foundation

Analysis

Green Lake Foundation is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Green Lake Foundation reported income of $920k and spending of $90k, leaving 90% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $771k to $920k (+19%), an average of +3.6% a year. The sharpest change came in the year to December 2023, when income rose by 253%. Over the whole period it spent 6.5% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Green Lake Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within WA. Charities of a similar size with the same main cause include Pulse Parental Units Literally Supporting Everything Inc ($919k), Northern Lakes Partners Inc ($920k) and Miracle Making Ministries Inc ($919k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% of the total. At year end it held assets of $7.1m against liabilities of $2.1m, net assets of $5.0m.