Mount Baker Hub

Analysis

Mount Baker Hub is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Mount Baker Hub reported income of $73k and spending of $73k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $49k to $73k (+51%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Mount Baker Hub sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 24th percentile within WA. Charities of a similar size with the same main cause include Southwestern Pennsylvania Engineering Outreach Inc ($73k), Community Apartments Corporation of Pitt County ($73k) and Hagerstown Revitalization Corporation ($73k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.