Northwest Access Fund

Analysis

Northwest Access Fund is a registered charity in United States, based in Shoreline, WA. It received its IRS tax-exemption ruling in August 2001, 25 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 September 2023, Northwest Access Fund reported income of $2.9m and spending of $1.6m, leaving 45% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $297k to $2.9m (+873%), an average of +77% a year. The sharpest change came in the year to September 2020, when income rose by 499%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Northwest Access Fund sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within WA. Charities of a similar size with the same main cause include Domestic Violence Service Center Inc ($2.9m), Independent Living Services Inc ($2.9m) and North Carolina Coalition to End Homelessness Inc ($2.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 94% and program service revenue 5.3% of the total. Compensation of current officers, directors and key employees was $252k (16% of expenses). Other salaries and wages came to $773k. At year end it held assets of $6.5m against liabilities of $1.1m, net assets of $5.4m. It reported 17 employees.