Tacoma Community House

Analysis

Tacoma Community House is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in December 1926, 100 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, Tacoma Community House reported income of $6.0m and spending of $6.3m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.2m to $6.0m (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2020, when income rose by 37%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tacoma Community House sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within WA. Charities of a similar size with the same main cause include Terrebonne Council on Aging ($6.0m), Louisiana Family Services Inc ($6.0m) and Grapevine Relief and Community Exchange ($6.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 3.0% of the total. Compensation of current officers, directors and key employees was $247k (3.9% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $17.3m against liabilities of $8.2m, net assets of $9.0m. It reported 79 employees.