The Northwest Network of Bisexual

Analysis

The Northwest Network of Bisexual is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in April 1997, 29 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, The Northwest Network of Bisexual reported income of $1.1m and spending of $1.0m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.9m to $1.1m (-44%), an average of -14% a year. The sharpest change came in the year to December 2021, when income dropped by 44%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Northwest Network of Bisexual sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within WA. Charities of a similar size with the same main cause include Greater Philadelphia Business Coalition on Health Inc ($1.1m), American Board of Nuclear Medicine Inc ($1.1m) and American Institute for Medical and Bioligical Engineering ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 4.4% of the total. Compensation of current officers, directors and key employees was $366k (35% of expenses). Other salaries and wages came to $167k. At year end it held assets of $898k against liabilities of $78k, net assets of $820k. It reported 3 employees.