Cascade Medical Advantage

Analysis

Cascade Medical Advantage is a registered charity in United States, based in Bellingham, WA. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover mental health and crisis intervention, 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, Cascade Medical Advantage reported income of $515k and spending of $738k, spending 143% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $515k (-61%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 55%. 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, Cascade Medical Advantage sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within WA. Charities of a similar size with the same main cause include First Step Recovery Homes Inc ($515k), Adaptive Learning Center for Infants and Children Inc ($515k) and Community Ambulance ($515k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $88k (12% of expenses). Other salaries and wages came to $365k. At year end it held assets of $1.9m against liabilities of $57k, net assets of $1.9m. It reported 11 employees.