Powerful Voices

Analysis

Powerful Voices is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in September 1996, 30 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, Powerful Voices reported income of $616k and spending of $999k, spending 162% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $667k to $616k (-7.6%), an average of -2.0% a year. The sharpest change came in the year to December 2021, when income rose by 88%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Powerful Voices sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within WA. Charities of a similar size with the same main cause include Women Empowered for Entrepreneurial Excellence ($616k), Communities First ($616k) and Foster Village Charlotte ($616k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $81k (8.1% of expenses). Other salaries and wages came to $418k. At year end it held assets of $1.2m against liabilities of $75k, net assets of $1.2m. It reported 8 employees.