King County Sexual Assault Resource Center
Analysis
King County Sexual Assault Resource Center is a registered charity in United States, based in Renton, WA. It received its IRS tax-exemption ruling in August 1976, 50 years ago. 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, King County Sexual Assault Resource Center reported income of $8.5m and spending of $8.9m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.6m to $8.5m (+29%), an average of +6.5% a year. The sharpest change came in the year to December 2020, when income rose by 22%. Over the whole period it spent 98% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, King County Sexual Assault Resource Center sits at the 95th 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 New Life Ranch Inc ($8.5m), Restoration Ministries Inc ($8.5m) and Finishing Trades Institute of the Mid Atlantic Region ($8.5m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.7% of the total. Compensation of current officers, directors and key employees was $425k (4.8% of expenses). Other salaries and wages came to $5.4m. At year end it held assets of $5.1m against liabilities of $2.4m, net assets of $2.7m. It reported 85 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 95%
- Program services 4.7%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| New Life Ranch Inc | Colcord | $8.5m |
| Restoration Ministries Inc | Harvey | $8.5m |
| Finishing Trades Institute of the Mid Atlantic Region | Philadelphia | $8.5m |
| Bright Beginnings Inc | Washington | $8.5m |