Federal Way Community Caregiving Network

Analysis

Federal Way Community Caregiving Network is a registered charity in United States, based in Federal Way, WA. It received its IRS tax-exemption ruling in April 1994, 32 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, Federal Way Community Caregiving Network reported income of $73k and spending of $83k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $73k (+33%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 113% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Federal Way Community Caregiving Network sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 24th percentile within WA. Charities of a similar size with the same main cause include Le Petit Salon Club ($73k), International Association of Lions Clubs ($73k) and Henry County Band Parents Club Inc ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 107% of the total. At year end it held assets of $37k against liabilities of $3,500, net assets of $34k.