Iaf Northwest

Analysis

Iaf Northwest is a registered charity in United States, based in Bellevue, WA. It received its IRS tax-exemption ruling in May 1994, 32 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 (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 2024, Iaf Northwest reported income of $344k and spending of $307k, spending 89% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $418k to $344k (-18%), an average of -3.8% a year. The sharpest change came in the year to June 2020, when income dropped by 21%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Iaf Northwest sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within WA. Charities of a similar size with the same main cause include Strawberry Mansion Community Development Corporation Inc ($344k), Olympia Center Inc ($344k) and Christian County Business Development Corporation ($344k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 23% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $89k (29% of expenses). At year end it held assets of $117k against liabilities of $116k, net assets of $432. It reported 2 employees.