Living Wages of Washington

Analysis

Living Wages of Washington is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Living Wages of Washington reported income of $133k and spending of $156k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $206k to $133k (-35%), an average of -10% a year. The sharpest change came in the year to December 2020, when income dropped by 29%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Living Wages of Washington sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 23rd percentile within DC. Charities of a similar size with the same main cause include Personalized Home Care Services Inc ($133k), Joshua Chamberlain Society ($133k) and Bilingual Education Collective ($133k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $32k (20% of expenses). At year end it held assets of $13k against liabilities of $231, net assets of $12k. It reported 2 employees.