Essentials First

Analysis

Essentials First is a registered charity in United States, based in Bellevue, WA. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Essentials First reported income of $497k and spending of $457k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $329k to $497k (+51%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Essentials First sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within WA. Charities of a similar size with the same main cause include Safe Harbor Counseling Center ($497k), Fam 1st Family Foundation ($497k) and Tiny Town Daycare Inc ($497k).

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 $211k (46% of expenses). Other salaries and wages came to $9,314. At year end it held assets of $316k against liabilities of $8,594, net assets of $308k. It reported 2 employees.