International Place Council

Analysis

International Place Council is a registered charity in United States, based in Lakewood, WA. It received its IRS tax-exemption ruling in May 2005, 21 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, International Place Council reported income of $485k and spending of $619k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $353k to $485k (+37%), an average of +8.3% a year. The sharpest change came in the year to December 2022, when income rose by 15%. Over the whole period it spent 150% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, International Place Council sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within WA. Charities of a similar size with the same main cause include Northwest Iowa Housing Trust Fund Inc ($485k), Mercy Moscow Incorporated ($486k) and Senior Affordable Housing Corp No 6 ($485k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $90k. At year end it held assets of $4.3m against liabilities of $60k, net assets of $4.2m. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.