Washington State Child Care Resource & Referral Network

Analysis

Washington State Child Care Resource & Referral Network is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in May 1990, 36 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 June 2023, Washington State Child Care Resource & Referral Network reported income of $33.2m and spending of $31.4m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $23.9m to $33.2m (+38%), an average of +8.5% a year. The sharpest change came in the year to June 2023, when income rose by 19%. 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, Washington State Child Care Resource & Referral Network sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within WA. Charities of a similar size with the same main cause include Ascension Calumet Hospital Inc ($33.1m), Archdiocese of Los Angeles Funeral and Mortuary Services Corporation ($33.2m) and Moravian Academy ($33.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $305k (1.0% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $10.2m against liabilities of $6.6m, net assets of $3.6m. It reported 36 employees.