Audere

Analysis

Audere is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in June 2019, 7 years ago. 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, Audere reported income of $1.3m and spending of $6.5m, spending 489% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.7m to $1.3m (-64%), an average of -22% a year. The sharpest change came in the year to December 2020, when income rose by 121%. Over the whole period it spent 122% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Audere sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within WA. Charities of a similar size with the same main cause include Breathe California of the Bay Area Golden Gate and Central Coast ($1.3m), The Coffeyville Community College Foundation ($1.3m) and Connections for Independent Living ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 9.1% of the total. Compensation of current officers, directors and key employees was $350k (5.4% of expenses). Other salaries and wages came to $4.1m. At year end it held assets of $2.9m against liabilities of $6.3m, net assets of -$3.4m. It reported 24 employees.