FW Paec Qalicb

Analysis

FW Paec Qalicb is a registered charity in United States, based in Federal Way, WA. It received its IRS tax-exemption ruling in July 2023, 3 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, FW Paec Qalicb reported income of $365k and spending of $1.3m, spending 345% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $344k to $365k (+6.1%), an average of +2.0% a year. Over the whole period it spent 352% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, FW Paec Qalicb sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within WA. Charities of a similar size with the same main cause include American Friends of Bimad Alon Moreh Inc ($365k), Alabama Junior Miss Scholarship Foundation Inc ($365k) and Planting People Growing Justice Leadership Institute ($365k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $34.6m against liabilities of $9.3m, net assets of $25.3m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.