Khmer Community of Seattle-King County

Analysis

Khmer Community of Seattle-King County is a registered charity in United States, based in Kent, WA. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Khmer Community of Seattle-King County reported income of $1.3m and spending of $1.4m, spending 109% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $586k to $1.3m (+120%), an average of +48% a year. The sharpest change came in the year to December 2022, when income rose by 93%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Khmer Community of Seattle-King County sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within WA. Charities of a similar size with the same main cause include This Old Horse Inc ($1.3m), Karimu International Help Foundation ($1.3m) and Central Area Rural Transit System Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $77k (5.5% of expenses). Other salaries and wages came to $554k. At year end it held assets of $349k against liabilities of $35k, net assets of $313k. It reported 16 employees.