Eastside Chapter Wsmta

Analysis

Eastside Chapter Wsmta is a registered charity in United States, based in Kenmore, WA. It received its IRS tax-exemption ruling in August 1991, 35 years ago. 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 June 2023, Eastside Chapter Wsmta reported income of $154k and spending of $53k, leaving 65% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $34k to $154k (+348%), an average of +348% a year. The sharpest change came in the year to June 2023, when income rose by 348%. Over the whole period it spent 47% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Eastside Chapter Wsmta sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 44th percentile within WA. Charities of a similar size with the same main cause include Association of University Cardiologists Inc ($154k), Teamsters Local 299 Community Service Foundation ($154k) and Silsbee Pines Event Center ($154k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 19% of the total. At year end it held assets of $466k against liabilities of $0, net assets of $466k.