Northwest Center Inc

Analysis

Northwest Center Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 1985, 41 years ago. 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, Northwest Center Inc reported income of $479k and spending of $313k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $235k to $479k (+104%), an average of +20% a year. The sharpest change came in the year to December 2020, when income rose by 55%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Northwest Center Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 42nd percentile within DC. Charities of a similar size with the same main cause include Jenks Sports Inc ($479k), Ocean Voyages Institute ($479k) and North Carolinians for Home Education ($479k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $60k (19% of expenses). Other salaries and wages came to $70k. At year end it held assets of $1.2m against liabilities of $11k, net assets of $1.2m. It reported 5 employees.