Washington Wine Industry Foundation

Analysis

Washington Wine Industry Foundation is a registered charity in United States, based in Cashmere, WA. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 Wine Industry Foundation reported income of $448k and spending of $449k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $534k to $448k (-16%), an average of -4.3% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Washington Wine Industry Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within WA. Charities of a similar size with the same main cause include Sabana Grande Community and Economic Development ($447k), High Plains Community Development Corporation ($448k) and Globe Aware ($447k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 2.9% of the total. At year end it held assets of $627k against liabilities of $9,050, net assets of $618k.