Washington Research Council

Analysis

Washington Research Council is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in August 1933, 93 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Washington Research Council reported income of $275k and spending of $255k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $282k to $275k (-2.4%), an average of -0.6% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Washington Research Council sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within WA. Charities of a similar size with the same main cause include Los Angeles Kwan Um Sa Temple of Korean Buddhist Jogye Order Inc ($275k), Ferndale Vol Fire Co Inc ($275k) and Sixty Two Plaza Central Inc ($275k).

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 $24k (9.6% of expenses). Other salaries and wages came to $153k. At year end it held assets of $362k against liabilities of $309, net assets of $362k. It reported 2 employees.