Innovative Solutions Northwest

Analysis

Innovative Solutions Northwest is a registered charity in United States, based in Covington, WA. It received its IRS tax-exemption ruling in August 2005, 21 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Innovative Solutions Northwest reported income of $98k and spending of $97k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $84k to $98k (+17%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Innovative Solutions Northwest sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 32nd percentile within WA. Charities of a similar size with the same main cause include Faith Weavers of St Mary ($98k), Joe & Kim Stanley Ministries Inc ($98k) and Word of Life Outreach Ministries Inc ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.8% and program service revenue 99% of the total. At year end it held assets of $6,760 against liabilities of $0, net assets of $6,760.