Eastern Washington University Foundation

Analysis

Eastern Washington University Foundation is a registered charity in United States, based in Cheney, WA. It received its IRS tax-exemption ruling in June 1978, 48 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Eastern Washington University Foundation reported income of $7.6m and spending of $5.6m, leaving 26% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $10.7m to $7.6m (-29%), an average of -8.2% a year. The sharpest change came in the year to June 2022, when income dropped by 50%. Over the whole period it spent 55% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Eastern Washington University Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within WA. Charities of a similar size with the same main cause include Baraga Houghton Keweenaw Child Development Board Inc ($7.6m), Horizon Science Academy-Springfield ($7.6m) and Milestones Community School Inc ($7.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 0.3% of the total. It paid $80k in professional fundraising fees. At year end it held assets of $56.0m against liabilities of $4.0m, net assets of $52.0m.