Ferry Family Charitable Foundation

Analysis

Ferry Family Charitable Foundation is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in February 1998, 28 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending November 2023, Ferry Family Charitable Foundation reported income of $1.8m and spending of $515k, leaving 72% of income unspent that year. Across the 5 years on record, from November 2019 to November 2023, income grew from $804k to $1.8m (+129%), an average of +23% a year. The sharpest change came in the year to November 2023, when income rose by 256%. Over the whole period it spent 35% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ferry Family Charitable Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within WA. Charities of a similar size with the same main cause include Florida Endowment Foundation for Vocational Rehabilitation Inc ($1.8m), Scripps Howard Fund ($1.8m) and Pennsylvania Breast Cancer Coalition ($1.8m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $13.5m against liabilities of $0, net assets of $13.5m.