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Verity Credit Union at a glance

· Public charity

Verity Credit Union

See schedule oa cooperative, organized for the purpose of promoting thrift and savings among its members, creating a source of credit for them at rates of interest set by the board of directors, and providing an opportunity for them to use and control their own money on a democratic basis in order to improve their economic and social…

$185k
Granted FY2024still arriving
5
Grants FY2024still arriving
1
States reached
$30k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2024.

Housing & Shelter$123kCommunity Improvement$62kEducation$54kArts & Culture$48kHealth$35kRecreation & Sports$23kYouth Development$20kHuman Services$20kOther$0
02FY2024 · 5 grants

Where the money goes

Grants by size, and the largest recipients.

How this is measured
The 5 grants below total $74,750, the rows itemized in this filing. The $185,486 headline is the total grant expense on the return; the other $110,736 is giving the schedule does not break out (grants under the $5,000 itemization floor, grants to individuals, grants on other schedules). Every figure below describes the itemized rows only.

By grant size · FY2024

  • Under $10k3 grants · $25k
  • $10k–50k2 grants · $50k
$9,750
Median grant
1
States reached
$771M
Total assets
Largest grants
RecipientAmount
ACTS ON STAGE THEATER INC$30,000
GOWEST FOUNDATION$20,000
THE HOUSING DEVELOPMENT CONSORTIUM$9,750
PEACE PELOTON$7,500
THIRD STONE$7,500
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY23–24, $28k) land where the poverty rate runs at 9%, against an area that typically sits at 7%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 7%GOWEST FOUNDATION: $20k → 9%GOWEST FOUNDATION: $8k → 9%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

76%of every dollar goes to organizations it has funded before.
$233k · 6 repeat orgs$73k to everyone else

Grantees it renews have grown median revenue +17% since the first grant, against 0% for those funded once.

6 repeat relationships: 3 still active in FY2024, 3 since wound down; 2 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

6
5

Total granted

$233k
$58k

Median revenue growth · since first grant

+17%
0%

Still filing today

100%
100%

New vs renewed · share of each year

In FY2024, 80% of grant dollars renewed an existing relationship; $15k went to new ones.

50%100%’20’21’22’23’24
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’20’21’22’23’24
Community ImprovementEducationArts & CultureHousing & ShelterHuman ServicesHealthOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • GS
    Greater Seattle Business Assn Scholarship Fund
    4× · 2020–2023 · $62k · revenue +8%
  • AO
    ACTS ON STAGE INC
    3× · 2022–2024 · $60k · revenue +51%
  • HD
    HOUSING DEVELOPMENT CONSORTIUM OF SEATTLE - KING COUNTY
    4× · 2021–2024 · $30k · revenue +17%

Funded once

  • NC
    NATIONAL CREDIT UNION FOUNDATION
    one grant, 2023 · $25k · revenue -11%
  • WS
    WEST SEATTLE JUNCTION ASSOCIATIONgraduated
    one grant, 2020 · $10k · revenue +91%
  • AH
    American Heart Association Inc
    one grant, 2023 · $10k · revenue +16%
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Seattle Economic Development Fund Business Impact Nw

To provide economic development financing to serve the needs of small businesses in the state of washington that would not qualify for private financing under conventional financing criteria.

Community Improvement
2
Seattle Architectural Foundation

The Seattle Architecture Foundation connects people to the architecture, design, and history of Seattle. We believe the more you engage with design, the more you feel connected to your changing city. As a volunteer driven organization, we…

Arts & Culture
3
Seattlecu Foundation

The foundations impact pillars include wealth creation for low-income and marginalized communities, supporting small businesses, investing in our communities, and providing services for immigrant communities.

Education
4
Greater Seattle Business Association

To combine business development, leadership and social action to expand economic opportunities for the lesbian, gay, bisexual, transgender, and queer community and those who support equality for all.

Community Improvement
5
Nw Energy Coalition

The NW Energy Coalition is an alliance of over 100 environmental, civic, and human service organizations, utilities, and businesses in Oregon, Washington, Idaho, Montana, and British Columbia, plus many individual members. The NW Energy…

—
6
Siff

Siff is a seattle-based 501(c)(3) arts nonprofit dedicated to the creation of vibrant experiences and spaces that champion film discovery and arts education.

Youth Development
7
Rainier Beach Cummunity Empowerment Coalition

Rainier Beach Action Coalition is a grassroot, Black-led organization devoted to locally driven development. It promotes quality education, living wage jobs, affordable transportation and housing, and building community capacity in…

Community Improvement
8
The Seattle Chapter American Institute of Archite

We champion the central role of architects in creating and sustaining a better built environment.

—
9
Seattle University

Seattle University is dedicated to educating the whole person, to professional formation, and to empowering leaders for a just and humane world.

—
10
Washington Bikes

Washington Bikes works to ensure that all who ride a bicycle in Washington have safe comfortable and convenient places to ride. Organization advocates for bicyclists rights and shapes policies.

Recreation & Sports
11
Seattle Good Business Network Dba Good Business Network of Washington

Seattle Good Business Network connects and inspires people to buy, produce, and invest locally, so that everyone has a meaningful stake in the local economy.

Community Improvement
12
Community Credit Lab

To support equitable access to economic opportunities for immigrants, refugees, low-income, marginalized, and underserved communities in king county and the united states.

Human Services
How this is measured
The grantee most central to the portfolio’s shape is Seattle Foundation; the most unlike its peers is American Heart Association Inc. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

14 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
3
Early backer (in before they grew)
14/14
Grantees still filing
7/14
Grew since first funded

Where the money sits, by cause and then by grantee

Greater Seattle Business Assn Scholarship Fund: $62,000 · OtherGreater Seattle Business Assn Scholars…HOMESIGHT: $29,500 · OtherHOMESIGHTNATIONAL CREDIT UNION FOUNDATION: $25,000 · OtherNATIONAL CREDIT UNION FOUNDATIONAmerican Heart Association Inc: $10,000 · OtherAmerican Heart Association IncDELRIDGE NEIGHBORHOODS DEVELOPMENT ASSOCIATION: $6,000 · OtherSEATTLE FOUNDATION: $87,000 · PhilanthropySEATTLE FOUNDATIONACTS ON STAGE INC: $60,000 · Arts & CultureACTS ON STAGE INCFRIENDS OF SEATTLE WATERFRONT: $23,000 · Community ImprovementFRIENDS OF …WEST SEATTLE JUNCTION ASSOCIATION: $10,000 · Community ImprovementWEST SEATTL…PEACE PELOTON: $7,500 · Community ImprovementPEACE PELOT…HOUSING DEVELOPMENT CONSORTIUM OF SEATTLE - KING COUNTY: $30,330 · Housing & ShelterGOWEST FOUNDATION: $28,000 · Human ServicesThird Stone: $7,500 · EducationSEATTLE COLLEGES FOUNDATION: $7,000 · Education
Other$132,500Philanthropy$87,000Arts & Culture$60,000Community Improvement$40,500Housing & Shelter$30,330Human Services$28,000Education$14,500

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetSEATTLE FOUNDATION: $87,000 over 1y, 0.0% of budgetGreater Seattle Business Assn Scholarship Fund: $62,000 over 4y, 1.4% of budgetACTS ON STAGE INC: $60,000 over 3y, 5.5% of budgetHOUSING DEVELOPMENT CONSORTIUM OF SEATTLE - KING COUNTY: $30,330 over 4y, 0.6% of budgetHOMESIGHT: $29,500 over 2y, 0.2% of budgetGOWEST FOUNDATION: $28,000 over 2y, 0.4% of budgetNATIONAL CREDIT UNION FOUNDATION: $25,000 over 1y, 0.4% of budgetFRIENDS OF SEATTLE WATERFRONT: $23,000 over 2y, 0.1% of budgetWEST SEATTLE JUNCTION ASSOCIATION: $10,000 over 1y, 1.5% of budgetAmerican Heart Association Inc: $10,000 over 1y, 0.0% of budgetPEACE PELOTON: $7,500 over 1y, 3.4% of budgetThird Stone: $7,500 over 1y, 0.1% of budgetSEATTLE COLLEGES FOUNDATION: $7,000 over 1y, 0.1% of budgetDELRIDGE NEIGHBORHOODS DEVELOPMENT ASSOCIATION: $6,000 over 1y, 0.1% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Credit Unions in the …Seattle FoundationGrousemont FoundationUnited Way of King Co…Gates FoundationJpmorgan Chase Founda…American Online Givin…National Philanthropi…Vanguard Charitable E…Donor Advised Charita…Fidelity Investments …Amazonsmile Foundation
Credit Unions in the State of WashingtonWA19.8× affinity7 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Credit Unions in the State of Washington · Seattle Foundation · Grousemont Foundation · United Way of King County · Gates Foundation · Jpmorgan Chase Foundation · American Online Giving Foundation Inc · National Philanthropic Trust · Vanguard Charitable Endowment Program · Donor Advised Charitable Giving Inc · Fidelity Investments Charitable Gift Fund · Amazonsmile Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Verity Credit Union funds: left to right is the share of its income from government, bottom to top the share from Verity Credit Union. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%1%3%6%10%funder's share of their income ↑0%15%30%45%60%share of the org’s income from government →
    no gov moneyreceives it· size = income
    0get no government money at all
    9report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    ⤢ axis zoomed · 0–60%
    typical government reliance, FY20–25
    How this is measured
    Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

    On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 14 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

    How this is measured
    Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

    Generated from the IRS Form 990 e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

    Source object · view filing

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    More from the funding graph

    The unnamed billions
    grants reported with no recipient in the public record
    The regranting layer
    51% of grant dollars land in the regranting layer
    The DAF merry-go-round
    $9.7B circulates between donor-advised funds
    The endowment market
    who holds foundation money, and what just moved
    The camps
    funders cluster by geography, not ideology
    By state
    where grant money is based, and what stays home