Washington State Coalition of African Community Leaders

Analysis

Washington State Coalition of African Community Leaders is a registered charity in United States, based in Renton, WA. It received its IRS tax-exemption ruling in July 2022, 4 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, Washington State Coalition of African Community Leaders reported income of $159k and spending of $211k, spending 133% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $203k to $159k (-22%), an average of -11% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 107% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Washington State Coalition of African Community Leaders sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 45th percentile within WA. Charities of a similar size with the same main cause include Mount Zion Community Reinvestment Corporation ($159k), Henderson Community Foundation ($159k) and Lufkin Host Lions Clubs Z&oo Railroad Advisory Board Inc ($159k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $46k (22% of expenses). At year end it held assets of $33k against liabilities of $712, net assets of $33k.