Whatcom Council on Aging

Analysis

Whatcom Council on Aging is a registered charity in United States, based in Bellingham, WA. It received its IRS tax-exemption ruling in October 1984, 42 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, Whatcom Council on Aging reported income of $3.8m and spending of $2.9m, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $3.8m (+50%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 100%. Over the whole period it spent 67% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Whatcom Council on Aging sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within WA. Charities of a similar size with the same main cause include Welcoming America Inc ($3.8m), Servenow ($3.8m) and Spectrum Human Services Inc ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 8.4% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $8.7m against liabilities of $311k, net assets of $8.4m. It reported 52 employees.