Strive Northwest

Analysis

Strive Northwest is a registered charity in United States, based in Vancouver, WA. It received its IRS tax-exemption ruling in March 1966, 60 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Strive Northwest reported income of $7.3m and spending of $7.4m, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $6.1m to $7.3m (+20%), an average of +6.2% a year. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Strive Northwest sits at the 94th percentile: it is larger than about 94% 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 Oic of South Florida Inc ($7.3m), Philadelphia Visitor Center Corporation ($7.3m) and Every Citizen Has Opportunities Inc ($7.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $261k (3.6% of expenses). Other salaries and wages came to $4.4m. At year end it held assets of $8.1m against liabilities of $2.6m, net assets of $5.5m. It reported 175 employees.