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Housing & Shelter (L190) 990 on File

ENVIRONMENTAL WORKS

EIN: 23-7139744 · SEATTLE, WA 98112-4505 · United States · FY 2024 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 88/100
Reliability (20%) 55/100
Effectiveness (25%) 85/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$7.0M
Total Revenue
$6.6M
Total Expenses
$2.5M
Net Assets
40
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 84.1%
Fundraising Efficiency N/A
Operating Reserve 4.59x
Liability-to-Asset 21.3%
Revenue Diversification 99.9%
Executive Compensation $162K
Compared with Peers
FY 2024
Compared with 2,572 similar organizations (United States, Housing & Shelter, $1M–$10M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
84.1% 87.2%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
15.6% 10.3%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.4% 0.0%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
4.6 mo 12.6 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
21.3% 39.0%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
99.9% 89.9%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
29.3% 6.4%
P10P90
Expense growth
Year over year expense growth
10.8% 6.9%
P10P90
Surplus margin
Surplus as a share of revenue
6.1% 3.0%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $7.0M $6.6M $2.5M 84.1% 40
2023 $5.4M $6.0M $2.0M 83.9% 41
2022 $6.3M $5.9M $2.6M 84.0% 36
2021 $5.0M $4.5M N/A 37
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Organization Details
EIN
23-7139744
State
WA
City
SEATTLE
ZIP
98112-4505
Classification
L190
Category
Housing & Shelter
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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