Stanwood-Camano Area Foundation

Analysis

Stanwood-Camano Area Foundation is a registered charity in United States, based in Stanwood, WA. It received its IRS tax-exemption ruling in April 1962, 64 years ago. 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, Stanwood-Camano Area Foundation reported income of $2.3m and spending of $1.7m, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $685k to $2.3m (+242%), an average of +36% a year. The sharpest change came in the year to December 2022, when income rose by 348%. Over the whole period it spent 52% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Stanwood-Camano Area Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within WA. Charities of a similar size with the same main cause include Chipola College Foundation Inc ($2.3m), Effingham City-County Committee on Aging ($2.3m) and Una Chapman Cox Foundation ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 6.8% of the total. Compensation of current officers, directors and key employees was $104k (6.2% of expenses). At year end it held assets of $8.3m against liabilities of $145k, net assets of $8.2m. It reported 1 employees.