Amara

Analysis

Amara is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in April 1946, 80 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, Amara reported income of $5.4m and spending of $5.2m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.1m to $5.4m (+34%), an average of +7.7% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 111% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Amara sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within WA. Charities of a similar size with the same main cause include Trinity Credit Counseling Inc ($5.4m), Northeast Employment & Training Orgainzation Inc ($5.5m) and Domus Vita ($5.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $690k (13% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $10.1m against liabilities of $3.3m, net assets of $6.8m. It reported 61 employees.