Skyline at First Hill Residents Association

Analysis

Skyline at First Hill Residents Association is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in November 2010, 16 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Skyline at First Hill Residents Association reported income of $89k and spending of $69k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $76k to $89k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Skyline at First Hill Residents Association sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 29th percentile within WA. Charities of a similar size with the same main cause include Zimrah Vuchesed Inc ($89k), Keesler Officers Wives Club Scholarship and Charitable Asociat ($89k) and Fathers Joy Inc ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $183k against liabilities of $0, net assets of $183k.