University of Washington Foundation

Analysis

University of Washington Foundation is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in November 1988, 38 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, University of Washington Foundation reported income of $176.0m and spending of $176.1m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $151.0m to $176.0m (+17%), an average of +3.9% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Washington Foundation sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within WA. Charities of a similar size with the same main cause include Marian University ($175.7m), University of Detroit Mercy ($176.1m) and University of the South ($175.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $4.9m against liabilities of $0, net assets of $4.9m.