Bremerton Services Association

Analysis

Bremerton Services Association is a registered charity in United States, based in Bremerton, WA. It received its IRS tax-exemption ruling in September 1984, 42 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Bremerton Services Association reported income of $1.1m and spending of $1.0m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $766k to $1.1m (+41%), an average of +9.0% a year. The sharpest change came in the year to December 2020, when income rose by 67%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bremerton Services Association sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within WA. Charities of a similar size with the same main cause include Adult Day Activity Personal Training Inc ($1.1m), The Hub Lafayette-Urban Ministries ($1.1m) and Rockwood Residents Foundation ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $270k. At year end it held assets of $1.2m against liabilities of $69k, net assets of $1.1m. It reported 12 employees.