Seattle Cares Circle of the National Cares Mentoring Movement

Analysis

Seattle Cares Circle of the National Cares Mentoring Movement is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 Cares Circle of the National Cares Mentoring Movement reported income of $287k and spending of $419k, spending 146% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $203k to $287k (+41%), an average of +9.0% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Seattle Cares Circle of the National Cares Mentoring Movement sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within WA. Charities of a similar size with the same main cause include Ink Global Foundation ($287k), Dream Co ($287k) and Boys & Girls Club of East Williamson County ($287k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $89k (21% of expenses). Other salaries and wages came to $257k. At year end it held assets of $96k against liabilities of $24k, net assets of $71k.