Orcas Island Foundation

Analysis

Orcas Island Foundation is a registered charity in United States, based in Eastsound, WA. It received its IRS tax-exemption ruling in July 1931, 95 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2023, Orcas Island Foundation reported income of $306k and spending of $309k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $360k to $306k (-15%), an average of -4.0% a year. The sharpest change came in the year to December 2020, when income dropped by 40%. Over the whole period it spent 110% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Orcas Island Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within WA. Charities of a similar size with the same main cause include Somebody Cares Tampa Bay Inc ($306k), Al-Iman Institute ($306k) and Ministerio Cristiano Pentecostes Bendicion de LA Roca Eterna ($306k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $54k (18% of expenses). Other salaries and wages came to $36k. At year end it held assets of $1.6m against liabilities of $1,977, net assets of $1.6m. It reported 4 employees.

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.