Larche Spokane

Analysis

Larche Spokane is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in February 1982, 44 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, Larche Spokane reported income of $699k and spending of $712k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $533k to $699k (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Larche Spokane sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within WA. Charities of a similar size with the same main cause include Minnesota Agricultural Interpretive Center ($699k), Sedona Lago Gardens ($699k) and Nonprofit Network ($699k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $75k (11% of expenses). Other salaries and wages came to $385k. At year end it held assets of $1.5m against liabilities of $4,264, net assets of $1.5m. It reported 24 employees.