Washington State School Retirees Foundation

Analysis

Washington State School Retirees Foundation is a registered charity in United States, based in Lacey, WA. It received its IRS tax-exemption ruling in June 1986, 40 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 2024, Washington State School Retirees Foundation reported income of $96k and spending of $66k, leaving 31% of income unspent that year. Across the 6 years on record, from June 2020 to June 2024, income grew from $63k to $96k (+54%), an average of +9.0% a year. The sharpest change came in the year to June 2023, when income rose by 95%. Over the whole period it spent 47% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Washington State School Retirees Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 31st percentile within WA. Charities of a similar size with the same main cause include John F and Minnie C Oshea Scholarship Foundation ($96k), Club 808 ($96k) and Bdpa Education and Technology Foundation ($96k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $934k against liabilities of $0, net assets of $934k.