Seattle Drug & Narcotic Center Seadruner

Analysis

Seattle Drug & Narcotic Center Seadruner is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in February 1969, 57 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Seattle Drug & Narcotic Center Seadruner reported income of $12.1m and spending of $14.6m, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.2m to $12.1m (+69%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 35%. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Seattle Drug & Narcotic Center Seadruner sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within WA. Charities of a similar size with the same main cause include Cancer Research and Biostatistics ($12.1m), Cutchins Programs for Children and Families Inc ($12.1m) and Corewell Health ($12.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $307k (2.1% of expenses). Other salaries and wages came to $6.0m. At year end it held assets of $10.4m against liabilities of $6.2m, net assets of $4.2m. It reported 158 employees.