Northwest Passage Limited

Analysis

Northwest Passage Limited is a registered charity in United States, based in Webster, WI. It received its IRS tax-exemption ruling in January 1979, 47 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Northwest Passage Limited reported income of $14.7m and spending of $14.8m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $12.0m to $14.7m (+23%), an average of +5.3% a year. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Northwest Passage Limited sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within WI. Charities of a similar size with the same main cause include Brooklyn United Methodist Church Home ($14.7m), Wagner Community Memorial Hospital ($14.7m) and Carrington Health Center ($14.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.2% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $814k (5.5% of expenses). Other salaries and wages came to $10.0m. At year end it held assets of $8.0m against liabilities of $3.9m, net assets of $4.2m. It reported 277 employees.