Cascade Connections

Analysis

Cascade Connections is a registered charity in United States, based in Ferndale, WA. It received its IRS tax-exemption ruling in March 1978, 48 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, Cascade Connections reported income of $16.4m and spending of $16.4m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.8m to $16.4m (+87%), an average of +17% a year. The sharpest change came in the year to December 2020, when income rose by 45%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cascade Connections sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within WA. Charities of a similar size with the same main cause include Mercer Street Friends Center ($16.4m), Integrated Living Services ($16.4m) and Kidspeace National Centers of New England Inc ($16.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $210k (1.3% of expenses). Other salaries and wages came to $12.0m. At year end it held assets of $7.2m against liabilities of $1.5m, net assets of $5.7m. It reported 415 employees.