Raincoast Conservation Foundation

Analysis

Raincoast Conservation Foundation is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in October 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Raincoast Conservation Foundation reported income of $498k and spending of $6,146, leaving 99% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $237k to $498k (+110%), an average of +28% a year. The sharpest change came in the year to December 2022, when income rose by 114%. Over the whole period it spent 43% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Raincoast Conservation Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within WA. Charities of a similar size with the same main cause include Treasury Institute of Higher Education Inc ($498k), Simama International ($498k) and The Credit Union Foundation of New Mexico Inc ($497k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $746k against liabilities of $0, net assets of $746k.