Tibetan Association of Washington

Analysis

Tibetan Association of Washington is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in March 1993, 33 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Tibetan Association of Washington reported income of $157k and spending of $86k, leaving 45% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $130k to $157k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 51% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tibetan Association of Washington sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 44th percentile within WA. Charities of a similar size with the same main cause include Change 4 Love ($157k), Seasun Theatre Artist Group ($157k) and Cultural Awareness Corvette Weekend ($157k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. At year end it held assets of $409k against liabilities of $0, net assets of $409k.