Council for Historic Downtown Issaquah

Analysis

Council for Historic Downtown Issaquah is a registered charity in United States, based in Issaquah, WA. It received its IRS tax-exemption ruling in August 1996, 30 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Council for Historic Downtown Issaquah reported income of $298k and spending of $246k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $178k to $298k (+68%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 69%. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Council for Historic Downtown Issaquah sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within WA. Charities of a similar size with the same main cause include Shaker Heights Development Corp ($298k), Polaris Team Inc ($299k) and Trust Montana Inc ($298k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $81k. At year end it held assets of $301k against liabilities of $3,321, net assets of $297k. It reported 3 employees.