On the Boards

Analysis

On the Boards is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in October 1979, 47 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 June 2023, On the Boards reported income of $1.0m and spending of $2.3m, spending 222% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income grew from $972k to $1.0m (+6.0%), an average of +2.0% a year. The sharpest change came in the year to June 2021, when income rose by 317%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, On the Boards sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within WA. Charities of a similar size with the same main cause include Lucille Raines Residence Inc ($1.0m), The Historic Districts Council Inc ($1.0m) and South Carolina United Methodist Foundation ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 42% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $184k (8.1% of expenses). It paid $31k in professional fundraising fees. At year end it held assets of $5.7m against liabilities of $120k, net assets of $5.6m. It reported 33 employees.