Northwest Center

Analysis

Northwest Center is a registered charity in United States, based in Sea Tac, WA. It received its IRS tax-exemption ruling in June 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 December 2023, Northwest Center reported income of $25.4m and spending of $25.0m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $25.9m to $25.4m (-2.0%), an average of -0.5% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Northwest Center sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within WA. Charities of a similar size with the same main cause include Seec Corporation ($25.3m), Corporation for Ohio Appalachian Development ($25.7m) and Woodbine Community Organization Wco Inc ($25.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $768k (3.1% of expenses). Other salaries and wages came to $14.6m. At year end it held assets of $25.5m against liabilities of $17.4m, net assets of $8.1m. It reported 526 employees.