Sequim Senior Services

Analysis

Sequim Senior Services is a registered charity in United States, based in Sequim, WA. It received its IRS tax-exemption ruling in August 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Sequim Senior Services reported income of $920k and spending of $930k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $774k to $920k (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2020, when income rose by 40%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sequim Senior Services sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within WA. Charities of a similar size with the same main cause include Kansas Breastfeeding Coalition Inc ($920k), Wise County Committee on Aging Inc ($920k) and Cornerstone House of Santa Barbara Inc ($920k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 53% of the total. Other salaries and wages came to $416k. At year end it held assets of $6.1m against liabilities of $222k, net assets of $5.8m. It reported 16 employees.