Living Wages Of Washington
EIN: 522105553 · Washington, DC · NTEE: P85
| Metric | Value |
|---|---|
| Total Revenue | $143K |
| Total Expenses | $156K |
| Net Assets | $12K |
Is Living Wages Of Washington Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Living Wages Of Washington
Living Wages Of Washington (EIN: 522105553) is a nonprofit organization based in Washington, DC, classified under NTEE code P85. The organization reported total revenue of $143K and total assets of $9K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Living Wages Of Washington's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Living Wages Of Washington is a small nonprofit that has been operating for 14 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $133K |
| Total Expenses | $156K |
| Surplus / Deficit | $-22,738 |
| Total Assets | $13K |
| Total Liabilities | $231 |
| Net Assets | $12K |
| Operating Margin | -17.1% |
| Debt-to-Asset Ratio | 1.8% |
| Months of Reserves | 1.0 months |
Financial Health Grade: C
In 2023, Living Wages Of Washington reported a deficit of $23K with expenses exceeding revenue, holds 1.0 months of operating reserves (limited), has a debt-to-asset ratio of 1.8% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Living Wages Of Washington's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -21.1% | -3.5% | -64.3% |
| 2022 | +12.9% | +3.7% | -0.7% |
| 2021 | +2.2% | +12.2% | +4.2% |
| 2020 | -29.1% | -28.3% | -6.7% |
| 2019 | +23.3% | +4.7% | +63.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Living Wages Of Washington has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Living Wages Of Washington with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $23K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.8%.
Frequently Asked Questions about Living Wages Of Washington
Is Living Wages Of Washington a legitimate charity?
Living Wages Of Washington (EIN: 522105553) is a registered tax-exempt nonprofit based in Washington DC. It has 14 years of IRS 990 filings on record. Total revenue: $143K. No red flags identified. Financial health grade: C.
How does Living Wages Of Washington spend its money?
Living Wages Of Washington reported $143K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Living Wages Of Washington tax-deductible?
Living Wages Of Washington is registered as a tax-exempt nonprofit (EIN: 522105553). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Living Wages Of Washington located?
Living Wages Of Washington is headquartered in Washington, Washington DC and files with the IRS under EIN 522105553. It is classified under NTEE code P85.
How many years of IRS 990 filings does Living Wages Of Washington have?
Living Wages Of Washington has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $143K in total revenue.
Filing History
IRS 990 filing history for Living Wages Of Washington showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Living Wages Of Washington's revenue has grown by 51.2%, moving from $88K to $133K. Total assets decreased by 91.1% over the same period, from $140K to $13K. Total functional expenses fell by 3.4%, from $161K to $156K. In its most recent filing year (2023), Living Wages Of Washington reported a deficit of $23K, with expenses exceeding revenue. The organization holds $231 in liabilities against $13K in assets (debt-to-asset ratio: 1.8%), resulting in net assets of $12K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $133K | $156K | $13K | $231 | — | — |
| 2022 | $169K | $162K | $35K | $133 | — | — |
| 2021 | $150K | $156K | $35K | $226K | — | View 990 |
| 2020 | $146K | $139K | $34K | $218K | — | — |
| 2019 | $206K | $194K | $36K | $228K | — | View 990 |
| 2018 | $167K | $185K | $22K | $227K | — | View 990 |
| 2017 | $177K | $231K | $40K | $227K | — | View 990 |
| 2016 | $167K | $239K | $95K | $227K | — | View 990 |
| 2015 | $241K | $246K | $162K | $227K | — | View 990 |
| 2014 | $294K | $212K | $167K | $227K | — | View 990 |
| 2013 | $161K | $130K | $89K | $231K | — | View 990 |
| 2012 | $164K | $214K | $54K | $227K | — | View 990 |
| 2011 | $85K | $116K | $133K | $151K | — | — |
| 2010 | $88K | $161K | $140K | $127K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $133K, expenses of $156K, and assets of $13K (revenue -21.1% year-over-year).
- 2022: Revenue of $169K, expenses of $162K, and assets of $35K (revenue +12.9% year-over-year).
- 2021: Revenue of $150K, expenses of $156K, and assets of $35K (revenue +2.2% year-over-year).
- 2020: Revenue of $146K, expenses of $139K, and assets of $34K (revenue -29.1% year-over-year).
- 2019: Revenue of $206K, expenses of $194K, and assets of $36K (revenue +23.3% year-over-year).
- 2018: Revenue of $167K, expenses of $185K, and assets of $22K (revenue -5.4% year-over-year).
- 2017: Revenue of $177K, expenses of $231K, and assets of $40K (revenue +6.0% year-over-year).
- 2016: Revenue of $167K, expenses of $239K, and assets of $95K (revenue -30.7% year-over-year).
- 2015: Revenue of $241K, expenses of $246K, and assets of $162K (revenue -18.2% year-over-year).
- 2014: Revenue of $294K, expenses of $212K, and assets of $167K (revenue +83.0% year-over-year).
- 2013: Revenue of $161K, expenses of $130K, and assets of $89K (revenue -1.8% year-over-year).
- 2012: Revenue of $164K, expenses of $214K, and assets of $54K (revenue +92.6% year-over-year).
- 2011: Revenue of $85K, expenses of $116K, and assets of $133K (revenue -3.6% year-over-year).
- 2010: Revenue of $88K, expenses of $161K, and assets of $140K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Living Wages Of Washington:
Data Sources and Methodology
This transparency report for Living Wages Of Washington is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.