Presbyterian Counseling Service

Analysis

Presbyterian Counseling Service is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in August 2003, 23 years ago. 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 March 2023, Presbyterian Counseling Service reported income of $1.6m and spending of $2.0m, spending 122% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income fell from $2.3m to $1.6m (-31%), an average of -8.9% a year. The sharpest change came in the year to March 2023, when income dropped by 28%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Presbyterian Counseling Service sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within WA. Charities of a similar size with the same main cause include New York State Coalition Against Domestic Violence Inc ($1.6m), St Joseph Towers Inc ($1.6m) and Riverside Community College District Foundation ($1.6m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 8.2% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $207k (11% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $1.7m against liabilities of $448k, net assets of $1.2m. It reported 46 employees.