Refugee Artisan Initiative

Analysis

Refugee Artisan Initiative is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in April 2017, 9 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 (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, Refugee Artisan Initiative reported income of $1.1m and spending of $1.1m, spending 96% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $452k to $1.1m (+144%), an average of +34% a year. The sharpest change came in the year to December 2022, when income rose by 364%. Over the whole period it spent 66% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Refugee Artisan Initiative sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within WA. Charities of a similar size with the same main cause include Orion Prevention Information and Education Inc ($1.1m), Pennsylvania State Association of County Fairs ($1.1m) and Provincetown Commons ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Other salaries and wages came to $468k. At year end it held assets of $1.9m against liabilities of $644k, net assets of $1.2m. It reported 18 employees.