Colville Meadows

Analysis

Colville Meadows is a registered charity in United States, based in Colville, WA. It received its IRS tax-exemption ruling in November 2008, 18 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Colville Meadows reported income of $132k and spending of $192k, spending 145% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $118k to $132k (+12%), an average of +3.0% a year. Over the whole period it spent 153% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Colville Meadows sits at the 29th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 40th percentile within WA. Charities of a similar size with the same main cause include The Launch Pad Foundation Inc ($132k), Sloan Street Housing Development Corporation Inc ($132k) and Shore Courts Inc ($132k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 67% and program service revenue 32% of the total. Other salaries and wages came to $16k. At year end it held assets of $2.0m against liabilities of $7,419, net assets of $2.0m.

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.