Everett Gospel Mission

Analysis

Everett Gospel Mission is a registered charity in United States, based in Everett, WA. It received its IRS tax-exemption ruling in September 1963, 63 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 June 2023, Everett Gospel Mission reported income of $7.8m and spending of $8.0m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.5m to $7.8m (+42%), an average of +9.1% a year. The sharpest change came in the year to June 2021, when income rose by 52%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Everett Gospel Mission sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within WA. Charities of a similar size with the same main cause include Montgomery Child Care Association Inc ($7.8m), Womens Transitional Living Ctr Inc ($7.8m) and Inner Circle Foster Family Agency ($7.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $204k (2.6% of expenses). Other salaries and wages came to $1.1m. It paid $252k in professional fundraising fees. At year end it held assets of $7.9m against liabilities of $1.2m, net assets of $6.7m. It reported 57 employees.