Around Again

Analysis

Around Again is a registered charity in United States, based in Sequim, WA. It received its IRS tax-exemption ruling in March 2010, 16 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 2024, Around Again reported income of $335k and spending of $333k, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $220k to $335k (+52%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 34%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Around Again sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within WA. Charities of a similar size with the same main cause include Faith in Action Outreach Inc ($335k), Flushing Senior Citizens Inc ($335k) and Jefferson County Farmers Market ($335k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 6.0% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $17k (5.0% of expenses). Other salaries and wages came to $117k. At year end it held assets of $70k against liabilities of $31k, net assets of $39k. It reported 9 employees.