Aging in Pace Washington

Analysis

Aging in Pace Washington is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in September 2022, 4 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, Aging in Pace Washington reported income of $714k and spending of $46k, leaving 93% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $779k to $714k (-8.3%), an average of -2.8% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 59% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Aging in Pace Washington sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within WA. Charities of a similar size with the same main cause include Durks Neighborhood Heroes Inc ($714k), Attention Homes of Northwest Alabama Inc ($714k) and Snohomish County Food Bank Coalition ($714k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $4.4m against liabilities of $3.3m, net assets of $1.1m.