Community Foundation for Southwest Washington

Analysis

Community Foundation for Southwest Washington is a registered charity in United States, based in Vancouver, WA. It received its IRS tax-exemption ruling in April 1984, 42 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Community Foundation for Southwest Washington reported income of $12.4m and spending of $24.2m, spending 195% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $25.5m to $12.4m (-51%), an average of -16% a year. The sharpest change came in the year to December 2021, when income rose by 328%. Over the whole period it spent 73% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Community Foundation for Southwest Washington 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 96th percentile, and in the 97th percentile within WA. Charities of a similar size with the same main cause include Scott & White Healthcare ($12.4m), Cumberland Community Foundation Inc ($12.5m) and Pious Projects of America ($12.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $686k (2.8% of expenses). Other salaries and wages came to $645k. At year end it held assets of $379.7m against liabilities of $9.2m, net assets of $370.5m. It reported 15 employees.