Set Seg Foundation

Analysis

Set Seg Foundation is a registered charity in United States, based in East Lansing, MI. It received its IRS tax-exemption ruling in July 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Set Seg Foundation reported income of $142k and spending of $94k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $109k to $142k (+30%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Set Seg Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 45th percentile within MI. Charities of a similar size with the same main cause include Bay City Isd Education Foundation ($142k), Red Thread Institute ($142k) and North Carolina Public Risk Management Association ($142k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $510k against liabilities of $1,568, net assets of $508k.