Larche Noah Sealth of Seattle

Analysis

Larche Noah Sealth of Seattle is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in December 1975, 51 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Larche Noah Sealth of Seattle reported income of $1.5m and spending of $1.5m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.5m (+38%), an average of +8.3% a year. The sharpest change came in the year to December 2020, when income rose by 27%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Larche Noah Sealth of Seattle 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 84th percentile, and in the 84th percentile within WA. Charities of a similar size with the same main cause include Van Wert County Agricultural Society ($1.5m), Love and Joy Personal Care Home ($1.5m) and Open Buffalo Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $119k (7.9% of expenses). Other salaries and wages came to $759k. At year end it held assets of $2.2m against liabilities of $42k, net assets of $2.1m. It reported 24 employees.