Forterra NW

Analysis

Forterra NW is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in January 1994, 32 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Forterra NW reported income of $5.0m and spending of $9.9m, spending 199% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $15.7m to $5.0m (-68%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 52%. Over the whole period it spent 103% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Forterra NW sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within WA. Charities of a similar size with the same main cause include Sunrise Movement Education Fund ($5.0m), Alaska Geographic Association ($5.0m) and Downtown Community Benefit District ($5.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $1.1m (11% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $41.9m against liabilities of $4.9m, net assets of $37.0m. It reported 60 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.