Pacific Northwest Tribal Lending a Community Development Financial

Analysis

Pacific Northwest Tribal Lending a Community Development Financial is a registered charity in United States, based in Bellingham, WA. It received its IRS tax-exemption ruling in January 2012, 14 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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 2022, Pacific Northwest Tribal Lending a Community Development Financial reported income of $1.6m and spending of $693k, leaving 57% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.1m to $1.6m (+45%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 71%. Over the whole period it spent 50% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Pacific Northwest Tribal Lending a Community Development Financial sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within WA. Charities of a similar size with the same main cause include Workforce Development Board of FLTN Montgomery & Schoharie Cnties Inc ($1.6m), National Ambucs Inc ($1.6m) and Providence International Enterprises ($1.6m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 91% and program service revenue 9.3% of the total. Compensation of current officers, directors and key employees was $90k (13% of expenses). Other salaries and wages came to $210k. At year end it held assets of $4.4m against liabilities of $887k, net assets of $3.6m. It reported 4 employees.