Washington Place Foundation

Analysis

Washington Place Foundation is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in October 1999, 27 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2023, Washington Place Foundation reported income of $109k and spending of $62k, leaving 44% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $26k to $109k (+322%), an average of +322% a year. The sharpest change came in the year to June 2023, when income rose by 322%. Over the whole period it spent 64% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Washington Place Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within HI. Charities of a similar size with the same main cause include Embrace Music Foundation Inc ($109k), West Coast Christian Writers ($109k) and Tempoart Portland ($109k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 110% of the total. At year end it held assets of $161k against liabilities of $0, net assets of $161k.