Northwest Resource Associates

Analysis

Northwest Resource Associates is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in October 1981, 45 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 June 2023, Northwest Resource Associates reported income of $4.9m and spending of $4.8m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.0m to $4.9m (+21%), an average of +4.9% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Northwest Resource Associates sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within WA. Charities of a similar size with the same main cause include Arcil Inc ($4.9m), Day by Day Warming Shelter Inc ($4.9m) and Merck Forest & Farmland Center ($4.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $135k (2.8% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $1.7m against liabilities of $482k, net assets of $1.2m. It reported 51 employees.