West Seattle Junction Association

Analysis

West Seattle Junction Association is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in May 2002, 24 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, West Seattle Junction Association reported income of $1.4m and spending of $1.2m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $861k to $1.4m (+60%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 46%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, West Seattle Junction Association sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within WA. Charities of a similar size with the same main cause include Sheet Metal Workers Craft Training Fund Local Union 38 ($1.4m), Greater Kokomo Economic Development Alliance Inc ($1.4m) and Evergreen Inc-Your North Brooklyn Business Exchange ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $99k (8.4% of expenses). Other salaries and wages came to $36k. At year end it held assets of $508k against liabilities of $3,107, net assets of $505k. It reported 2 employees.