Philanthropy & Grantmaking
(T31)
IRS Verified
DX Registered
990 on File
SKAGIT COMMUNITY FOUNDATION
Financial strength (30%)
73/100
Reliability (20%)
55/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$2.3M
Total Revenue
$2.3M
Total Expenses
$13.1M
Net Assets
3
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
90.2%
Fundraising Efficiency
N/A
Operating Reserve
67.52x
Liability-to-Asset
4.1%
Revenue Diversification
79.8%
Executive Compensation
$132K
Compared with Peers
FY 2024
Compared with 5,337 similar organizations
(United States, Philanthropy & Grantmaking, $1M–$10M 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
|
90.2% | 90.9% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
7.0% | 8.3% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
2.8% | 2.1% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
67.5 mo | 80.9 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
4.1% | 0.0% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
79.8% | 89.7% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-59.8% | 21.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-4.6% | 9.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-3.5% | 2.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $2.3M | $2.3M | $13.1M | 90.2% | 3 |
| 2023 | $5.6M | $2.4M | $12.4M | 93.1% | 3 |
| 2022 | $896K | $1.3M | $8.3M | 90.9% | 2 |
| 2021 | $6.4M | $1.4M | N/A | — | 2 |
Donor Reviews
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