Washington State University

Analysis

Washington State University is a registered charity in United States, based in Snohomish, WA. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 State University reported income of $264k and spending of $265k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $81k to $264k (+227%), an average of +34% a year. The sharpest change came in the year to December 2022, when income rose by 409%. Over the whole period it spent 105% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Washington State University sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within WA. Charities of a similar size with the same main cause include Magnolia Tree Earth Center of Bedford Stuyvesant Inc ($264k), Echo Hill ($264k) and Reach and Teach Inc ($264k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.