Rainier Beach Community Empowerment
Rainier Beach Community Empowerment shows consistent revenue growth and healthy asset accumulation with no reported officer compensation.
EIN: 203758788 · Seattle, WA · NTEE: S20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.2M |
| Total Expenses | $3.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $3.2 |
| Net Assets | $1.9M |
| Transparency Score | 92/100 |
Is Rainier Beach Community Empowerment Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rainier Beach Community Empowerment directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rainier Beach Community Empowerment
Rainier Beach Community Empowerment (EIN: 203758788) is a nonprofit organization based in Seattle, WA, classified under NTEE code S20. The organization reported total revenue of $3.2M and total assets of $6.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rainier Beach Community Empowerment's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rainier Beach Community Empowerment is a mid-size nonprofit that has been operating for 19 years, with 7 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 39.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.7M |
| Total Expenses | $3.2M |
| Surplus / Deficit | +$502K |
| Total Assets | $6.1M |
| Total Liabilities | $4.1M |
| Net Assets | $1.9M |
| Operating Margin | 13.5% |
| Debt-to-Asset Ratio | 68.0% |
| Months of Reserves | 22.7 months |
Financial Health Grade: A
In 2023, Rainier Beach Community Empowerment reported a surplus of $502K with revenue exceeding expenses, holds 22.7 months of operating reserves (strong position), has a debt-to-asset ratio of 68.0% (high leverage).
Financial Trends
Over 7 years of filings (2010–2023), Rainier Beach Community Empowerment's revenue has grown at a compound annual growth rate (CAGR) of 39.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.0% | -0.8% | +14.6% |
| 2022 | +45.3% | +68.7% | +9.0% |
| 2021 | +88.4% | +202.8% | +90.6% |
| 2020 | +124.3% | +20.5% | +4439.0% |
| 2017 | +112.5% | +154.8% | -21.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Rainier Beach Community Empowerment with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Rainier Beach Community Empowerment allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $502K, with revenue exceeding expenses.
- Debt-to-asset ratio: 68.0%.
Executive Compensation Analysis
Rainier Beach Community Empowerment reports 0% officer compensation across all available filings, indicating that no portion of its revenue is allocated to executive salaries. This is a significant positive for an organization of its size, with 2023 expenses of over $3.2 million, suggesting a strong commitment to program delivery.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Rainier Beach Community Empowerment:
- Consistent and significant revenue growth, from $48,529 in 2010 to $3,707,587 in 2023.
- Healthy financial surpluses, with 2023 revenue exceeding expenses by over $500,000.
- Strong asset accumulation, reaching $6,050,812 in 2023.
- 0% reported officer compensation across all filings, indicating high efficiency and mission focus.
- Assets comfortably cover liabilities, demonstrating sound financial management.
Frequently Asked Questions about Rainier Beach Community Empowerment
Is Rainier Beach Community Empowerment a legitimate charity?
Based on AI analysis of IRS 990 filings, Rainier Beach Community Empowerment (EIN: 203758788) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Rainier Beach Community Empowerment spend its money?
Rainier Beach Community Empowerment directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Rainier Beach Community Empowerment tax-deductible?
Rainier Beach Community Empowerment is registered as a tax-exempt nonprofit (EIN: 203758788). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Rainier Beach Community Empowerment CEO make?
Rainier Beach Community Empowerment's highest-compensated officer earns $3.2 annually. The organization reported $3.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Rainier Beach Community Empowerment's spending goes to programs?
Rainier Beach Community Empowerment directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Rainier Beach Community Empowerment compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Rainier Beach Community Empowerment is above average for NTEE category S20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rainier Beach Community Empowerment located?
Rainier Beach Community Empowerment is headquartered in Seattle, Washington and files with the IRS under EIN 203758788. It is classified under NTEE code S20.
How many years of IRS 990 filings does Rainier Beach Community Empowerment have?
Rainier Beach Community Empowerment has 7 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 $3.2M in total revenue.
Is Rainier Beach Community Empowerment a good charity?
Based on its financial data, Rainier Beach Community Empowerment appears to be a very good charity. It demonstrates strong financial growth, consistent surpluses, healthy asset accumulation, and a notable commitment to its mission by reporting 0% officer compensation across all filings.
How has Rainier Beach Community Empowerment's revenue grown over time?
Rainier Beach Community Empowerment has experienced substantial revenue growth, from $48,529 in 2010 to $3,707,587 in 2023, indicating increasing support and capacity for its programs.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, which is highly unusual and suggests a strong dedication to directing all funds towards its programmatic activities rather than executive salaries.
Are the organization's assets sufficient to cover its liabilities?
Yes, in 2023, Rainier Beach Community Empowerment's assets of $6,050,812 comfortably cover its liabilities of $4,112,628, indicating a healthy financial position.
Filing History
IRS 990 filing history for Rainier Beach Community Empowerment showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2010–2023), Rainier Beach Community Empowerment's revenue has grown by 7539.9%, moving from $49K to $3.7M. Total assets increased by 175540.4% over the same period, from $3K to $6.1M. Total functional expenses rose by 7007.9%, from $45K to $3.2M. In its most recent filing year (2023), Rainier Beach Community Empowerment reported a surplus of $502K, with revenue exceeding expenses. The organization holds $4.1M in liabilities against $6.1M in assets (debt-to-asset ratio: 68.0%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.7M | $3.2M | $6.1M | $4.1M | — | — |
| 2022 | $3.6M | $3.2M | $5.3M | $3.8M | — | View 990 |
| 2021 | $2.5M | $1.9M | $4.8M | $3.7M | — | View 990 |
| 2020 | $1.3M | $632K | $2.5M | $1.9M | — | — |
| 2017 | $581K | $525K | $56K | $0 | — | — |
| 2016 | $273K | $206K | $72K | $0 | — | View 990 |
| 2010 | $49K | $45K | $3K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.7M, expenses of $3.2M, and assets of $6.1M (revenue +4.0% year-over-year).
- 2022: Revenue of $3.6M, expenses of $3.2M, and assets of $5.3M (revenue +45.3% year-over-year).
- 2021: Revenue of $2.5M, expenses of $1.9M, and assets of $4.8M (revenue +88.4% year-over-year).
- 2020: Revenue of $1.3M, expenses of $632K, and assets of $2.5M (revenue +124.3% year-over-year).
- 2017: Revenue of $581K, expenses of $525K, and assets of $56K (revenue +112.5% year-over-year).
- 2016: Revenue of $273K, expenses of $206K, and assets of $72K (revenue +462.9% year-over-year).
- 2010: Revenue of $49K, expenses of $45K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rainier Beach Community Empowerment:
Data Sources and Methodology
This transparency report for Rainier Beach Community Empowerment 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.