Skamania Economic Development Council

Analysis

Skamania Economic Development Council is a registered charity in United States, based in Stevenson, WA. It received its IRS tax-exemption ruling in September 1999, 27 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Skamania Economic Development Council reported income of $530k and spending of $489k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $328k to $530k (+62%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 144%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Skamania Economic Development Council sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within WA. Charities of a similar size with the same main cause include Willow House ($530k), Synergist Inc ($531k) and Lee County Economic Development Group Inc ($530k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $80k (16% of expenses). Other salaries and wages came to $147k. At year end it held assets of $3.0m against liabilities of $2.3m, net assets of $657k. It reported 3 employees.