Washington Alliance for Quality Recovery Residences

Analysis

Washington Alliance for Quality Recovery Residences is a registered charity in United States, based in Mount Vernon, WA. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Washington Alliance for Quality Recovery Residences reported income of $990k and spending of $826k, spending 83% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $251k to $990k (+294%), an average of +294% a year. The sharpest change came in the year to June 2023, when income rose by 294%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Washington Alliance for Quality Recovery Residences sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within WA. Charities of a similar size with the same main cause include Coalition for Construction Safety Inc ($990k), Mn8 ($991k) and Adams County Agricultural Society ($990k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $166k (20% of expenses). At year end it held assets of $229k against liabilities of $2,873, net assets of $226k. It reported 6 employees.