Employee Community Foundation Optum Washington

Analysis

Employee Community Foundation Optum Washington is a registered charity in United States, based in Everett, WA. It received its IRS tax-exemption ruling in December 1994, 32 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Employee Community Foundation Optum Washington reported income of $146k and spending of $204k, spending 140% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $326k to $146k (-55%), an average of -18% a year. The sharpest change came in the year to December 2022, when income rose by 73%. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Employee Community Foundation Optum Washington sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 43rd percentile within WA. Charities of a similar size with the same main cause include Asociacion Latino Americana Del Sur de Indiana Inc ($146k), Branchburg Rotary Foundation ($146k) and Bustany Family Foundation Inc ($146k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $193k against liabilities of $0, net assets of $193k.