Washington State Pharmaceutical Foundation

Analysis

Washington State Pharmaceutical Foundation is a registered charity in United States, based in Renton, WA. It received its IRS tax-exemption ruling in October 1977, 49 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Pharmaceutical Foundation reported income of $63k and spending of $10k, leaving 84% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $87k to $63k (-28%), an average of -8.0% a year. The sharpest change came in the year to December 2021, when income rose by 77%. Over the whole period it spent 25% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Washington State Pharmaceutical Foundation sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 19th percentile within WA. Charities of a similar size with the same main cause include Medical Staff of the Baltimore County General Hospital ($63k), Our Place Inc ($63k) and Colorado Allergy and Asthma Society ($63k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% of the total. At year end it held assets of $942k against liabilities of $26k, net assets of $917k.