Ecothrive Housing

Analysis

Ecothrive Housing is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in June 2020, 6 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 December 2023, Ecothrive Housing reported income of $128k and spending of $204k, spending 159% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $128k to $128k (-0.3%), an average of -0.3% a year. Over the whole period it spent 178% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ecothrive Housing sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 39th percentile within WA. Charities of a similar size with the same main cause include Cre-Act Inc ($128k), Sweetwater Housing Development Inc Sequoyah Trail Apartments ($128k) and Access Housing of Jasper County Inc ($128k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $22k (11% of expenses). It paid $15k in professional fundraising fees. At year end it held assets of $918k against liabilities of $864k, net assets of $54k.