NW Share

Analysis

NW Share is a registered charity in United States, based in Issaquah, WA. It received its IRS tax-exemption ruling in December 1998, 28 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, NW Share reported income of $2.7m and spending of $2.7m, spending 100% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.1m to $2.7m (+155%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 71%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, NW Share sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within WA. Charities of a similar size with the same main cause include American Foundation of Utah Inc ($2.7m), Anthony Rizzo Family Foundation ($2.7m) and Ingram-White Castle Foundation ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 62% of the total. Other salaries and wages came to $498k. At year end it held assets of $2.2m against liabilities of $8,692, net assets of $2.2m.