First A M E Housing Association
Only null% goes to programs Strong reserves Growing revenue
First A M E Housing Association is a 501(c)(3) organization based in Seattle, Washington, registered in 1983, with $16,584,333 in FY2024 revenue. CharityIndex grades it C+.
1801 E Yesler Way, Seattle, WA, 98122 EIN 91-1148798 Since 1983
Revenue (FY2024)
$16.6M
▲ 417.4% vs prior year
Housing median: $408K
Expenses (FY2024)
$1.9M
Net assets
$33.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for First A M E Housing Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating210 mo reserves · +88% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For First A M E Housing Association: 210 mo reserves · +88% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for First A M E Housing Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For First A M E Housing Association: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1801 E Yesler Way, Seattle, WA, 98122
- City
- Seattle
- State
- Washington
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
Financial trends
Revenue grew from $1.2M (FY2013) to $16.6M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $142KNet assets $33.5M
Operating margin
88.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$33.6M
Total liabilities
$142K
Net assets
$33.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $16,584,333▲417% | $1,914,214▼28.8% | $33,504,615▲77.9% | $33,646,943▲71.7% | 990 |
| 2023 | $3,205,304▼70.8% | $2,687,813▲72.7% | $18,834,503▲16.4% | $19,600,847▲0.3% | 990 |
| 2022 | $10,980,310▲363% | $1,556,272▼15.4% | $16,175,210▲140% | $19,532,975▲172% | 990 |
| 2021 | $2,370,228▼10.3% | $1,839,904▲17.4% | $6,751,179▲8.5% | $7,193,916▼11.5% | 990 |
| 2020 | $2,643,565▲16.5% | $1,566,693▲18.7% | $6,220,855▲19.9% | $8,131,931▲24.9% | 990 |
| 2019 | $2,268,986▲3.3% | $1,319,601▲2.8% | $5,189,143▲22.4% | $6,510,795▲33.4% | 990 |
| 2018 | $2,196,796▲0.4% | $1,283,588▲15.9% | $4,239,758▲31.5% | $4,882,333▲39.7% | 990 |
| 2017 | $2,187,637▲79.0% | $1,107,541▼22.0% | $3,224,981▲49.0% | $3,495,116▲34.7% | 990 |
| 2016 | $1,222,419▼1.6% | $1,420,555▲28.4% | $2,164,885▼9.7% | $2,594,833▼4.1% | 990 |
| 2015 | $1,241,868▲1.2% | $1,106,587▼0.1% | $2,398,021▲8.1% | $2,705,543▲7.2% | 990 |
| 2013 | $1,226,726 | $1,107,638▲7.2% | $2,218,684▲5.7% | $2,522,878▲2.3% | 990 |
| 2012 | — | $1,032,816▲0.2% | $2,099,596▲11.8% | $2,465,051▲2.4% | 990 |
| 2011 | — | $1,030,523▼1.8% | $1,878,627▲24.7% | $2,406,829▲0.9% | 990 |
| 2010 | — | $1,049,646 | $1,506,429 | $2,384,555 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $33K total
1 grant to First A M E Housing Association totaling $33K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Northwest Harvest E M M | Distribution of food to low income individuals | 2020 | $32,500 |
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Frequently asked questions
- Is First A M E Housing Association a legitimate nonprofit?
- Yes. First A M E Housing Association is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 91-1148798, based in Seattle, Washington. Donations are tax-deductible.
- What is First A M E Housing Association's EIN?
- First A M E Housing Association's Employer Identification Number (EIN) is 91-1148798.
- How much revenue does First A M E Housing Association report?
- First A M E Housing Association reported $16,584,333 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does First A M E Housing Association have?
- CharityIndex grades First A M E Housing Association C+, based on financial health (reserves and operating margin).
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Data for First A M E Housing Association (EIN 91-1148798) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.