Washington Multicultural Services Link

Analysis

Washington Multicultural Services Link is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in October 2020, 6 years ago. 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, Washington Multicultural Services Link reported income of $289k and spending of $295k, spending 102% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $21k to $289k (+1306%), an average of +275% a year. The sharpest change came in the year to December 2022, when income rose by 582%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Washington Multicultural Services Link sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within WA. Charities of a similar size with the same main cause include Art Deco Society of New York Inc ($288k), Repairing the Breach Memphis ($289k) and Hip Pocket Theatre ($288k).

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 $239k (81% of expenses). At year end it held assets of $134k against liabilities of $0, net assets of $134k.