Federal Way Senior Center

Analysis

Federal Way Senior Center is a registered charity in United States, based in Auburn, WA. It received its IRS tax-exemption ruling in October 1975, 51 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, Federal Way Senior Center reported income of $290k and spending of $208k, leaving 28% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $321k to $290k (-9.7%), an average of -3.3% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 61% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Federal Way Senior Center sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within WA. Charities of a similar size with the same main cause include Duwara Consciousness Foundation ($290k), Goose Flights Inc ($290k) and Gsuc Child Development and Learning Center Inc ($290k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. Other salaries and wages came to $96k. At year end it held assets of $366k against liabilities of $0, net assets of $366k.