Viking Plass Inc

Analysis

Viking Plass Inc is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in February 1997, 29 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Viking Plass Inc reported income of $745k and spending of $585k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $915k to $745k (-19%), an average of -5.0% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 87% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Viking Plass Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within WA. Charities of a similar size with the same main cause include Great River Housing Inc ($745k), Boynton Beach Faith Based Community Dev Corp ($746k) and Asociacion Benefica de Ponce Inc ($745k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $96k. At year end it held assets of $3.7m against liabilities of $3,167, net assets of $3.7m. It reported 11 employees.