Eastrail Partners

Analysis

Eastrail Partners is a registered charity in United States, based in Woodinville, WA. It received its IRS tax-exemption ruling in June 2021, 5 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Eastrail Partners reported income of $241k and spending of $1.8m, spending 730% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.7m to $241k (-86%), an average of -62% a year. The sharpest change came in the year to December 2023, when income dropped by 71%. Over the whole period it spent 86% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Eastrail Partners sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within WA. Charities of a similar size with the same main cause include Friends of Willow River and Kinnickinnic State Parks Inc ($240k), Scenic Pittsburgh ($241k) and Paint Rock Forest Research Center ($240k).

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 $114k (6.5% of expenses). Other salaries and wages came to $64k. At year end it held assets of $444k against liabilities of $926, net assets of $443k. It reported 2 employees.