Whats Next Washington

Analysis

Whats Next Washington is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in June 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 2022, Whats Next Washington reported income of $157k and spending of $134k, spending 85% of its income. Across the 2 years on record, from December 2021 to December 2022, income fell from $232k to $157k (-32%), an average of -32% a year. The sharpest change came in the year to December 2022, when income dropped by 32%. Over the whole period it spent 104% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Whats Next Washington sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 44th percentile within WA. Charities of a similar size with the same main cause include Cape Cod Blue Economy Foundation Inc ($157k), Comeunity Cafe ($157k) and South Dakota State Head Start Association ($157k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $65k (48% of expenses). Other salaries and wages came to $25k. At year end it held assets of $60k against liabilities of $262, net assets of $60k. It reported 2 employees.