Leadership Snohomish County

Analysis

Leadership Snohomish County is a registered charity in United States, based in Mukilteo, WA. It received its IRS tax-exemption ruling in September 1983, 43 years ago. 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, Leadership Snohomish County reported income of $305k and spending of $174k, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $457k to $305k (-33%), an average of -9.6% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Leadership Snohomish County sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within WA. Charities of a similar size with the same main cause include Irondale High School Band Booster Club-Ihs BBC ($305k), Level-Up Learning Center ($305k) and Utah Ccim Chapter the ($305k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. Other salaries and wages came to $51k. At year end it held assets of $129k against liabilities of $51k, net assets of $78k. It reported 3 employees.