Charity Search / WINDWARD FUND
Environment (C30) 990 on File

WINDWARD FUND

EIN: 47-3522162 · WASHINGTON, DC 20036-5104 · United States · FY 2024 Data
3 out of 5 53 / 100 Based on 2+ years of filings
Financial strength (30%) 70/100
Reliability (20%) 50/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$308.2M
Total Revenue
$251.3M
Total Expenses
$320.2M
Net Assets
181
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 95.3%
Fundraising Efficiency N/A
Operating Reserve 15.29x
Liability-to-Asset 26.0%
Revenue Diversification 95.8%
Executive Compensation $265K
Compared with Peers
FY 2024
Compared with 10 similar organizations (United States, Environment, $100M and over in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
95.3% 92.4%
P10P90
Top quarter
Admin expense ratio
Management and general / total expenses · lower is better
4.2% 5.2%
P10P90
Top quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.5% 1.1%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
15.3 mo 13.7 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
26.0% 24.7%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
95.8% 94.8%
P10P90
Below median
Revenue growth
Year over year revenue growth
45.1% 13.4%
P10P90
Expense growth
Year over year expense growth
18.6% 5.4%
P10P90
Surplus margin
Surplus as a share of revenue
18.5% 2.3%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $308.2M $251.3M $320.2M 95.3% 181
2023 $212.4M $211.8M $262.6M 95.5% 136
2022 $198.1M $203.0M $272.3M 96.5% 125
2021 $274.3M $107.8M N/A — 83
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Organization Details
EIN
47-3522162
State
DC
City
WASHINGTON
ZIP
20036-5104
Classification
C30
Category
Environment
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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