Seattle Musicians Access to Sustainable Healthcare

Analysis

Seattle Musicians Access to Sustainable Healthcare is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Seattle Musicians Access to Sustainable Healthcare reported income of $560k and spending of $566k, spending 101% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $235k to $560k (+138%), an average of +34% a year. The sharpest change came in the year to December 2022, when income rose by 131%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Seattle Musicians Access to Sustainable Healthcare sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within WA. Charities of a similar size with the same main cause include Fundacion Pediatrica de Diabetes Inc ($560k), East Los Angeles Alcoholism Council ($560k) and Hope Medical Clinic Inc ($560k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $164k (29% of expenses). Other salaries and wages came to $197k. At year end it held assets of $538k against liabilities of $69k, net assets of $469k. It reported 5 employees.