Filipino Community of Seattle Senior Services

Analysis

Filipino Community of Seattle Senior Services is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in January 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Filipino Community of Seattle Senior Services reported income of $2.8m and spending of $3.2m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $996k to $2.8m (+179%), an average of +29% a year. The sharpest change came in the year to December 2020, when income rose by 107%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Filipino Community of Seattle Senior Services 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 88th percentile, and in the 89th percentile within WA. Charities of a similar size with the same main cause include Warriors Center USA ($2.8m), Young Mens Christian Association of Southeast Texas ($2.8m) and Capital City Youth Services Inc ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $120k (3.8% of expenses). Other salaries and wages came to $869k. At year end it held assets of $10.6m against liabilities of $7.2m, net assets of $3.4m. It reported 25 employees.