Whatcom Art Guild

Analysis

Whatcom Art Guild is a registered charity in United States, based in Bellingham, WA. It received its IRS tax-exemption ruling in October 1970, 56 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Whatcom Art Guild reported income of $64k and spending of $62k, spending 96% of its income. Across the 2 years on record, from October 2022 to October 2023, income fell from $67k to $64k (-3.6%), an average of -3.6% a year. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Whatcom Art Guild sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 20th percentile within WA. Charities of a similar size with the same main cause include Chelmsford Telemedia Corporation Inc ($64k), Industry Advancement Fund Inc ($64k) and S T Li Foundation ($64k).

On its Form 990-EZ for the period ending October 2023, revenue came from contributions and grants 0.7% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.