Snoqulamie Valley Shelter Services

Analysis

Snoqulamie Valley Shelter Services is a registered charity in United States, based in Snoqualmie, WA. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Snoqulamie Valley Shelter Services reported income of $1.2m and spending of $1.2m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $201k to $1.2m (+519%), an average of +58% a year. The sharpest change came in the year to June 2021, when income rose by 238%. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Snoqulamie Valley Shelter Services sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within WA. Charities of a similar size with the same main cause include Grundy Development Corporation ($1.2m), Carr Square Tenant Corporation ($1.2m) and Exodus Housing ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $86k (7.1% of expenses). Other salaries and wages came to $541k. It paid $12k in professional fundraising fees. At year end it held assets of $104k against liabilities of $8,061, net assets of $96k. It reported 23 employees.