Friends of the Columbia River Gateway

Analysis

Friends of the Columbia River Gateway is a registered charity in United States, based in Ilwaco, WA. It received its IRS tax-exemption ruling in March 1992, 34 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Friends of the Columbia River Gateway reported income of $242k and spending of $265k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $134k to $242k (+81%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 1320%. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Friends of the Columbia River Gateway sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within WA. Charities of a similar size with the same main cause include Se Wi Roofing & Waterproofing Crafts Joint Apprenticeship & Trai ($242k), Compass CBS Foundation ($243k) and Wapello County Fair Inc ($242k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.5% of the total. Compensation of current officers, directors and key employees was $87k (33% of expenses). At year end it held assets of $422k against liabilities of $543, net assets of $421k. It reported 4 employees.