Tri-City Quilters

Analysis

Tri-City Quilters is a registered charity in United States, based in Richland, WA. It received its IRS tax-exemption ruling in January 2021, 5 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tri-City Quilters reported income of $62k and spending of $51k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $78k to $62k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tri-City Quilters sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 19th percentile within WA. Charities of a similar size with the same main cause include Boyertown Area Schools Music League ($62k), Guru Shradha ($62k) and T T Hardy Online News Corp ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 90% of the total. At year end it held assets of $71k against liabilities of $0, net assets of $71k.