Whitehorse Foundation

Analysis

Whitehorse Foundation is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in October 1989, 37 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Whitehorse Foundation reported income of $3.3m and spending of $3.5m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.7m to $3.3m (+23%), an average of +5.4% a year. The sharpest change came in the year to December 2021, when income rose by 513%. Over the whole period it spent 35% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Whitehorse Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within WA. Charities of a similar size with the same main cause include Community Action Southold Town Inc ($3.3m), Regional Transit Authority Art ($3.3m) and Family Promise of Morris County Inc ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% of the total. At year end it held assets of $51.7m against liabilities of $50k, net assets of $51.6m.