Keiro Northwest

Analysis

Keiro Northwest 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 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 2023, Keiro Northwest reported income of $4.4m and spending of $5.1m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $19.4m to $4.4m (-77%), an average of -31% a year. The sharpest change came in the year to December 2020, when income dropped by 81%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Keiro Northwest sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within WA. Charities of a similar size with the same main cause include Childrens Advocacy Center of SW Florida Inc ($4.4m), T4 Global Inc ($4.4m) and Global Food Partners Inc ($4.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $165k (3.2% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $14.8m against liabilities of $2.5m, net assets of $12.3m. It reported 73 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.