Lake Washington Girls Middle School

Analysis

Lake Washington Girls Middle School is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in November 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lake Washington Girls Middle School reported income of $4.6m and spending of $4.6m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.5m to $4.6m (+31%), an average of +7.0% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lake Washington Girls Middle School sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within WA. Charities of a similar size with the same main cause include All-In Milwaukee Inc ($4.6m), Campus Facilities Inc ($4.6m) and Heartshare Education Center ($4.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.6% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $261k (5.7% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $15.8m against liabilities of $10.8m, net assets of $5.0m. It reported 40 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.