Richard Hugo House

Analysis

Richard Hugo House is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in January 1997, 29 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Richard Hugo House reported income of $1.5m and spending of $2.4m, spending 158% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $5.4m to $1.5m (-72%), an average of -23% a year. The sharpest change came in the year to December 2019, when income dropped by 69%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Richard Hugo House sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within WA. Charities of a similar size with the same main cause include Foundation for Healthy Relationships ($1.5m), Choral Arts Society of Washington ($1.5m) and American Chemical Society ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $93k (3.9% of expenses). Other salaries and wages came to $628k. It paid $13k in professional fundraising fees. At year end it held assets of $6.2m against liabilities of $408k, net assets of $5.8m. It reported 19 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.