Tenants Union of Washington

Analysis

Tenants Union of Washington is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in August 1978, 48 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, Tenants Union of Washington reported income of $1.3m and spending of $1.3m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $566k to $1.3m (+127%), an average of +23% a year. The sharpest change came in the year to December 2020, when income rose by 86%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tenants Union of Washington sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within WA. Charities of a similar size with the same main cause include Operation Freedom Paws ($1.3m), Plumbers & Pipefitters Union Local 104 Joint Apprentice Trust Fund ($1.3m) and United Way of Miami County Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $213k (17% of expenses). Other salaries and wages came to $617k. It paid $63k in professional fundraising fees. At year end it held assets of $340k against liabilities of $7,985, net assets of $332k. It reported 11 employees.