Helping Captives

Analysis

Helping Captives is a registered charity in United States, based in Spokane Vly, WA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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 2022, Helping Captives reported income of $1.2m and spending of $1.3m, spending 107% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $769k to $1.2m (+61%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Helping Captives sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within WA. Charities of a similar size with the same main cause include Mi Lewis Social Service Center ($1.2m), Mental Health Association in Beaver County ($1.2m) and East Brandywine Fire Co ($1.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $109k (8.3% of expenses). Other salaries and wages came to $351k. At year end it held assets of $1.0m against liabilities of $776k, net assets of $242k. It reported 40 employees.