Ritecare of Washington

Analysis

Ritecare of Washington is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in July 1984, 42 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Ritecare of Washington reported income of $634k and spending of $559k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $977k to $634k (-35%), an average of -10% a year. The sharpest change came in the year to December 2022, when income rose by 117%. Over the whole period it spent 65% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ritecare of Washington sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within WA. Charities of a similar size with the same main cause include American College of Prosthodontists Education Foundation ($634k), Nami Pennsylvania ($635k) and Alcohol Drug Abuse Womens Center Inc ($634k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% of the total. Compensation of current officers, directors and key employees was $2,750 (0.5% of expenses). Other salaries and wages came to $282k. At year end it held assets of $6.1m against liabilities of $40k, net assets of $6.1m. It reported 7 employees.