Skagit Gleaners

Analysis

Skagit Gleaners is a registered charity in United States, based in Mount Vernon, WA. It received its IRS tax-exemption ruling in April 1993, 33 years ago. 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 December 2023, Skagit Gleaners reported income of $3.8m and spending of $4.5m, spending 116% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $229k to $3.8m (+1578%), an average of +156% a year. The sharpest change came in the year to December 2021, when income rose by 436%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Skagit Gleaners sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within WA. Charities of a similar size with the same main cause include Blue Ridge Christian Home Corporation ($3.8m), Mercy Crest and Housing Inc ($3.8m) and Euclid Hall Housing Development Fund Company Inc ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $80k (1.8% of expenses). Other salaries and wages came to $118k. At year end it held assets of $475k against liabilities of $5,768, net assets of $469k. It reported 12 employees.