Art Salvage

Analysis

Art Salvage is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in April 2016, 10 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, Art Salvage reported income of $177k and spending of $150k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $137k to $177k (+30%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Art Salvage sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within WA. Charities of a similar size with the same main cause include Grace Recovery Inc ($177k), One Ministry Atlanta Inc ($177k) and Poverty Resistance Food Pantry ($177k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $223k against liabilities of $3,073, net assets of $220k.