Northwest University Foundation

Analysis

Northwest University Foundation is a registered charity in United States, based in Kirkland, WA. It received its IRS tax-exemption ruling in September 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. 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 May 2023, Northwest University Foundation reported income of $526k and spending of $685k, spending 130% of what it took in. Across the 4 years on record, from May 2020 to May 2023, income fell from $763k to $526k (-31%), an average of -12% a year. The sharpest change came in the year to May 2022, when income rose by 158%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northwest University Foundation sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within WA. Charities of a similar size with the same main cause include Concerned Parents Alliance ($526k), Hilliard Music Boosters ($526k) and Alliance for Curriculum Enhancement ($526k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 19% of the total. Compensation of current officers, directors and key employees was $145k (21% of expenses). Other salaries and wages came to $36k. At year end it held assets of $15.3m against liabilities of $3.7m, net assets of $11.6m.