Everett Transitional Care Services

Analysis

Everett Transitional Care Services is a registered charity in United States, based in Mill Creek, WA. It received its IRS tax-exemption ruling in May 1997, 29 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Everett Transitional Care Services reported income of $8.7m and spending of $8.7m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $746k to $8.7m (+1060%), an average of +85% a year. The sharpest change came in the year to December 2020, when income rose by 318%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Everett Transitional Care Services sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within WA. Charities of a similar size with the same main cause include Sebasticook Family Doctors ($8.6m), St Francis Friends of the Poor Inc St Francis Residence II ($8.7m) and Greater Meridian Health Clinic Inc ($8.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. Other salaries and wages came to $3.4m. At year end it held assets of $5.0m against liabilities of $4.0m, net assets of $1.0m.