Wesley Foundation at the University of Washington

Analysis

Wesley Foundation at the University of Washington is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Wesley Foundation at the University of Washington reported income of $205k and spending of $199k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $205k to $205k (+0.2%), an average of +0.2% a year. Over the whole period it spent 84% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Wesley Foundation at the University of Washington sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within WA. Charities of a similar size with the same main cause include Haven on the Rock ($205k), Sacramento County Sheriffs Activities League ($205k) and Kendall County Junior Livestock Association ($205k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% of the total. Compensation of current officers, directors and key employees was $95k (48% of expenses). Other salaries and wages came to $15k. At year end it held assets of $414k against liabilities of $707, net assets of $413k. It reported 7 employees.