Northwest Hvac R Association & Training Center

Analysis

Northwest Hvac R Association & Training Center is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in September 1994, 32 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 2024, Northwest Hvac R Association & Training Center reported income of $1.3m and spending of $1.0m, leaving 20% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $826k to $1.3m (+54%), an average of +11% a year. The sharpest change came in the year to June 2024, when income rose by 53%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Northwest Hvac R Association & Training Center sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within WA. Charities of a similar size with the same main cause include Lee College Foundation Inc ($1.3m), Educational Associates Inc Humacao Community College ($1.3m) and Hill Country Pregnancy Care Center ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 34% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $78k (7.7% of expenses). Other salaries and wages came to $205k. At year end it held assets of $1.8m against liabilities of $68k, net assets of $1.8m. It reported 13 employees.