Other 98 Percent Lab

Analysis

Other 98 Percent Lab is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in March 2015, 11 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 (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, Other 98 Percent Lab reported income of $169k and spending of $121k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $274k to $169k (-38%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 83% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Other 98 Percent Lab sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 46th percentile within WA. Charities of a similar size with the same main cause include Sourashtra Dhaan Organization ($169k), Claysburg Education Foundation ($169k) and Hannah Storm Foundation ($169k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. At year end it held assets of $328k against liabilities of $0, net assets of $328k.