Washington Initiative for Supported Employment

Analysis

Washington Initiative for Supported Employment is a registered charity in United States, based in Tukwila, WA. It received its IRS tax-exemption ruling in February 1996, 30 years ago. Its declared purposes cover employment, 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 June 2023, Washington Initiative for Supported Employment reported income of $5.1m and spending of $5.0m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.2m to $5.1m (+24%), an average of +5.5% a year. The sharpest change came in the year to June 2023, when income rose by 23%. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Washington Initiative for Supported Employment sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within WA. Charities of a similar size with the same main cause include Climb Fund ($5.1m), Elm City Rehabilitation Center Inc ($5.1m) and Childrens Charity ($5.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $399k (8.0% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $4.1m against liabilities of $1.3m, net assets of $2.9m. It reported 28 employees.