Wa Therapy Fund Foundation is a 501(c)(3) organization based in Seattle, Washington, registered in 2020, with $1,027,575 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$1.0M
▲ 13.4% vs prior year
Mental Health median: $333K
Expenses (FY2024)
$844K
Net assets
$820K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Wa Therapy Fund Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Wa Therapy Fund Foundation: 12 mo reserves · +18% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Wa Therapy Fund Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Wa Therapy Fund Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $96K (FY2020) to $1.0M (FY2024) across 5 reported years.
Financial snapshot
Operating margin
17.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$822K
Total liabilities
$2,026
Net assets
$820K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,027,575▲13.4% | $843,766▲14.5% | $819,944▲34.4% | $821,970▲28.9% | 990 |
| 2023 | $906,134▲0.6% | $737,017▲48.7% | $610,035▲38.4% | $637,846▲36.4% | 990 |
| 2022 | $900,283▲279% | $495,757▲104% | $440,917▲1112% | $467,750▲658% | 990 |
| 2021 | $237,257▲148% | $243,380▲340% | $36,391▼9.5% | $61,680▲53.5% | 990 |
| 2020 | $95,527 | $55,336 | $40,191 | $40,191 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
17 grants to Wa Therapy Fund Foundation totaling $752K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Network For Good Inc | Unrestricted | 2024 | $36,506 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Medical / public services | 2024 | $33,400 |
| American Online Giving Foundation Inc | General support | 2024 | $10,741 |
| Kaiser Foundation Health Plan of Washington | Wtff youth wellness | 2023 | $150,000 |
| The Seattle Foundation | Nonprofit effectiveness 2023 | 2023 | $50,000 |
| Network For Good Inc | Unrestricted | 2023 | $29,693 |
| The Seattle Foundation | To provide general support. | 2023 | $5,000 |
| Kaiser Foundation Health Plan of Washington | Wtff youth wellness | 2022 | $262,500 |
| The Seattle Foundation | To support capacity building and community building efforts that build power and resources for bipoc communities | 2022 | $50,000 |
| The Seattle Foundation | To support joy and wellness for staff within black-led organizations in king county | 2022 | $30,000 |
| Network For Good Inc | Unrestricted | 2022 | $29,799 |
| The Seattle Foundation | To provide general support | 2022 | $5,000 |
| The Seattle Foundation | To provide general support; partnership mobilization 2021 | 2021 | $35,000 |
| Donor Advised Charitable Giving | Health | 2021 | $8,553 |
| Network For Good Inc | Unrestricted | 2021 | $5,667 |
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Data for Wa Therapy Fund Foundation (EIN 85-2607648) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.