Washington State Family and Community Engagement Trust

Analysis

Washington State Family and Community Engagement Trust is a registered charity in United States, based in Edmonds, WA. It received its IRS tax-exemption ruling in May 2001, 25 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, Washington State Family and Community Engagement Trust reported income of $691k and spending of $878k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $218k to $691k (+217%), an average of +33% a year. The sharpest change came in the year to December 2022, when income rose by 303%. Over the whole period it spent 85% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Washington State Family and Community Engagement Trust sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within WA. Charities of a similar size with the same main cause include Carnegie Arts Center Foundation Turlock ($691k), Wpcu Sunshine Community Fund ($691k) and Eenu USA Inc ($691k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $134k (15% of expenses). Other salaries and wages came to $368k. It paid $20k in professional fundraising fees. At year end it held assets of $445k against liabilities of $4,510, net assets of $440k. It reported 8 employees.