Peer Washington

Analysis

Peer Washington is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in May 1986, 40 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, Peer Washington reported income of $12.6m and spending of $12.3m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.7m to $12.6m (+368%), an average of +47% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Peer Washington sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within WA. Charities of a similar size with the same main cause include Carle Development Foundation ($12.6m), St Marys Ems ($12.6m) and Daniels Memorial Hospital ($12.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.6% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $883k (7.2% of expenses). Other salaries and wages came to $6.3m. It paid $133k in professional fundraising fees. At year end it held assets of $9.4m against liabilities of $6.3m, net assets of $3.1m. It reported 132 employees.