Puget Sound Kidney Centers

Analysis

Puget Sound Kidney Centers is a registered charity in United States, based in Everett, WA. It received its IRS tax-exemption ruling in September 1969, 57 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Puget Sound Kidney Centers reported income of $35.8m and spending of $42.3m, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $30.7m to $35.8m (+17%), an average of +3.9% a year. The sharpest change came in the year to December 2021, when income rose by 105%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Puget Sound Kidney Centers sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within WA. Charities of a similar size with the same main cause include Tufts Shared Services Inc ($35.8m), Health Choice Network Inc ($35.8m) and American Association of Critical Care Nurses ($35.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $1.7m (4.1% of expenses). At year end it held assets of $95.0m against liabilities of $19.9m, net assets of $75.1m. It reported 344 employees.