3 Rivers Community Foundation

Analysis

3 Rivers Community Foundation is a registered charity in United States, based in Kennewick, WA. It received its IRS tax-exemption ruling in August 2000, 26 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, 3 Rivers Community Foundation reported income of $2.1m and spending of $1.1m, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.8m to $2.1m (-46%), an average of -14% a year. The sharpest change came in the year to December 2020, when income dropped by 61%. Over the whole period it spent 51% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, 3 Rivers Community Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within WA. Charities of a similar size with the same main cause include Issa Charities ($2.1m), Jewish Community Properties Inc ($2.1m) and Bridges of Greater New York Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $78k (7.1% of expenses). Other salaries and wages came to $54k. At year end it held assets of $9.6m against liabilities of $1.2m, net assets of $8.4m. It reported 2 employees.