Foundation for Working Families

Analysis

Foundation for Working Families is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Foundation for Working Families reported income of $287k and spending of $324k, spending 113% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $446k to $287k (-36%), an average of -14% a year. The sharpest change came in the year to December 2023, when income rose by 58%. Over the whole period it spent 74% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Foundation for Working Families sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within WA. Charities of a similar size with the same main cause include Ellenboro Volunteer Fire Department Inc ($287k), Moon Township Volunteer Fire Company ($287k) and Evans Cross Road Voluntary Fire Department Inc ($287k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $338k against liabilities of $0, net assets of $338k.