Multi-Service Center

Analysis

Multi-Service Center is a registered charity in United States, based in Federal Way, WA. It received its IRS tax-exemption ruling in February 1981, 45 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Multi-Service Center reported income of $25.1m and spending of $24.9m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $16.0m to $25.1m (+56%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 28%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Multi-Service Center sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within WA. Charities of a similar size with the same main cause include Catholic Charities Archdiocese of New Orleans ($25.0m), Wateree Community Actions Inc ($25.1m) and PCS for People ($25.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 8.4% of the total. Compensation of current officers, directors and key employees was $307k (1.2% of expenses). Other salaries and wages came to $5.4m. At year end it held assets of $27.7m against liabilities of $18.6m, net assets of $9.1m. It reported 92 employees.