Holy Names Center at Fort Wright

Analysis

Holy Names Center at Fort Wright is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2023, Holy Names Center at Fort Wright reported income of $630k and spending of $626k, spending 99% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $514k to $630k (+23%), an average of +7.0% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Holy Names Center at Fort Wright sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within WA. Charities of a similar size with the same main cause include Targeted Meteorological Systems Inc ($630k), Childrens Museum of Green Bay Inc ($630k) and Luminary Arts Corporation ($630k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 82% of the total. Other salaries and wages came to $369k. At year end it held assets of $568k against liabilities of $35k, net assets of $533k.