Multicultural Self-Sufficiency Movement

Analysis

Multicultural Self-Sufficiency Movement is a registered charity in United States, based in Lakewood, WA. It received its IRS tax-exemption ruling in August 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Multicultural Self-Sufficiency Movement reported income of $579k and spending of $470k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $367k to $579k (+58%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Multicultural Self-Sufficiency Movement sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within WA. Charities of a similar size with the same main cause include Logan County High School Cougar Foundation Incorporated ($579k), Collegiate Entrepreneurs Organization ($579k) and Friends of Northshore Education Consortium Inc ($579k).

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 $77k (16% of expenses). Other salaries and wages came to $151k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 9 employees.