Washington Academy of Family Physicians Foundation

Analysis

Washington Academy of Family Physicians Foundation is a registered charity in United States, based in Bellevue, WA. It received its IRS tax-exemption ruling in May 1983, 43 years ago. 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 June 2023, Washington Academy of Family Physicians Foundation reported income of $147k and spending of $326k, spending 222% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $195k to $147k (-25%), an average of -6.9% a year. The sharpest change came in the year to June 2020, when income dropped by 23%. Over the whole period it spent 128% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Washington Academy of Family Physicians Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 43rd percentile within WA. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($147k), Acts 19 Ministries ($147k) and Capital Aikikai Incorporated ($147k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $1.4m against liabilities of $54k, net assets of $1.3m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.