Everett Station District Alliance

Analysis

Everett Station District Alliance is a registered charity in United States, based in Everett, WA. It received its IRS tax-exemption ruling in March 2018, 8 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Everett Station District Alliance reported income of $244k and spending of $248k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $76k to $244k (+219%), an average of +219% a year. The sharpest change came in the year to December 2023, when income rose by 219%. Over the whole period it spent 111% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Everett Station District Alliance sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within WA. Charities of a similar size with the same main cause include Arts District Community Council Los Angeles ($244k), Leadership Macomb Inc ($244k) and Sanctuary Project Foundation Inc ($244k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $48k (19% of expenses). Other salaries and wages came to $35k. At year end it held assets of $243k against liabilities of $180k, net assets of $63k. It reported 2 employees.