Washington Low Income Housing Alliance

Analysis

Washington Low Income Housing Alliance is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in August 1993, 33 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 (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, Washington Low Income Housing Alliance reported income of $1.1m and spending of $1.1m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $1.1m (-5.4%), an average of -1.4% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Washington Low Income Housing Alliance sits at the 73rd percentile: it is larger than about 73% 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 Deerfield Commons Inc ($1.1m), Rebuilding Together Broward County Inc ($1.1m) and Hudson County Housing Resource Center Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.9% of the total. Compensation of current officers, directors and key employees was $84k (7.5% of expenses). Other salaries and wages came to $526k. At year end it held assets of $565k against liabilities of $59k, net assets of $505k. It reported 13 employees.