Palouse Community Center

Analysis

Palouse Community Center is a registered charity in United States, based in Palouse, WA. It received its IRS tax-exemption ruling in September 1989, 37 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, Palouse Community Center reported income of $54k and spending of $50k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $91k to $54k (-41%), an average of -12% a year. The sharpest change came in the year to December 2020, when income dropped by 64%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Palouse Community Center sits at the 21st percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 16th percentile within WA. Charities of a similar size with the same main cause include James R Franey Trust ($54k), Credo Inc ($54k) and Reedsport Volunteer Fire Department Inc ($54k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.7% of the total. Other salaries and wages came to $2,761. At year end it held assets of $624k against liabilities of $2,085, net assets of $622k. It reported 1 employees.