Living Compassion EIN 68-0364178 Form 990 (PDF) Claim this org

Living Compassion

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Educates children and communities through schools, orphanages, hospitals, churches, classes, workshops, retreats, and service projects. For fiscal year 2024 it reported $250K in revenue, $193K in expenses, and $884K in net assets.Pt I

Type
Religious organization · Religion
Location
Sequim, WA
Website
www.livingcompassion.org
Filings
5 on file (2020–2024)
Revenue
$250KFY2024
Expenses
$193K
Net assets
$884K
People
3
Filings
5
Updates
0
More identity details & actions ⌄
EIN  68-0364178 Religious organization Sequim, WA
Form 990 (PDF)
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Size
$100K–1M
What they do
Educates children and communities through schools, orphanages, hospitals, churches, classes, workshops, retreats, and service projects.
Leadership
Cheri Huber · President · $29K
Money in and out
$250K revenue, $193K expenses
Bottom line
92% program efficiency
Where the money goes · FY2024
Total revenue
$250K
Pt VIII · Ln 12
Total expenses
$193K
Pt IX · Ln 25
Net assets
$884K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $56K
Where spending went · Part IX cols B–D
Program services $0.92 Management & general $0.06 Fundraising $0.01
Program efficiency
92%
of spending reaches programs▼ -5% vs prior filing year
Operating runway
54.6mo
months of highly liquid reserves at operating expense rate▲ +173% vs prior filing year
Surplus margin
+22%
revenue over expenses, this year▲ ×15 vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$250K
FY2024▼ -48%
Expenses
$193K
FY2024▼ -61%
Total assets
$938K
FY2024▲ +6%
Total liabilities
$54K
FY2024>-0.01%
Total revenue
$250K
Pt VIII · Ln 12
Total expenses
$193K
Pt IX · Ln 25
Net assets
$884K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$56K
Total assetsPt X · Ln 16$938K
Program-expense ratioPt IX · col B92%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLiving Compassion
EINHdr · item D68-0364178
Principal addressHdr · item CSequim, WA
WebsiteHdr · item Jwww.livingcompassion.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFReligion (X20)
Ruling yearIRS BMFOct 1996

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$28,800Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Cheri Huber’s $29K as President is at the 28th percentile of top reported officer pay among 2136 $100K–1M religion nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Cheri Huber$28,800$28,800$28,800$28,800$24,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

1 program service account for $179K of program spending, described in the organization's own filed words · FY2024.
01

Provided education through direct and derivative support involving schools, orphanages, hospitals and churches. Promoted education by classes, workshops, retreats, service projects and by publication and distribution of books, articles and workbooks to bring meditation and compassionate awareness to the living.

$179Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$185K · 74%
Investment income$42K · 17%
Other revenue$23K · 9%
Contributions & grants74%$185K
Investment income17%$42K
Other revenue9%$23K
Total revenueLn 12$250K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.92 Management & general $0.06 Fundraising $0.01
Program services92%$179K
Management & general6%$12K
Fundraising1%$2K
Total functional expensesLn 25$193K

Balance Sheet

Part X · end of year
CashLn 1$63K
Total assetsLn 16$938K
Total liabilitiesLn 26$54K
Total net assetsLn 32$884K
Months of cash on handcomputed3.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $880K · Operating expenses/yr $193K
54.6 months
Where the money goes
Program services
Program services $179K · Total expenses $193K
92%
Management & General
Management & general $12K · Total expenses $193K
6%
Fundraising
Fundraising $2K · Total expenses $193K
1%
Cost to raise $1
Fundraising expense (3-yr avg) $3K · Solicited contributions (3-yr avg) $247K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $185K · Total revenue $250K
74%
Government reliance
Government grants — · Total revenue $250K
Earned-income share
Program service revenue $0 · Total revenue $250K
0%
Investment reliance
Investment income $42K · Total revenue $250K
+17%
Program self-sufficiency
Program service revenue $0 · Total expenses $193K
0%
Growth & trend
Revenue growth (YoY)
This year $250K · Prior year $484K
-48%
Revenue CAGR
FY2020 $298K · FY2024 $250K
-4%
Net-asset trend (YoY)
End of year $884K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $250K · Expenses $193K
+22%
Liabilities-to-Assets
Total liabilities — · Total assets $938K
Net-asset ratio
Net assets $884K · Total assets $938K
94%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $817K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $938K
87%
People & payroll
Highest Reported Total Compensation
Individual Cheri Huber · Reported title President · Highest reported compensation $29K · Total expenses $193K
15%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $31K · Total expenses $193K
16%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 92%
Overhead ratio 6%
Fundraising cost ratio 1%
Revenue growth -48%
Investment management fee ratio 0.7%
Legal fee ratio 0%
Accounting fee ratio 5%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 6 funders →
Grants paid · 1 grant · $297K · 2023–2023

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$250K revenue · viewing · ⤓ 990 PDF
FY2023$484K revenue · ⤓ 990 PDF
FY2022$31K revenue · ⤓ 990 PDF
FY2021$282K revenue · ⤓ 990 PDF
FY2020$298K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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