Seattle Industry Foundation

Analysis

Seattle Industry Foundation is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in January 2007, 19 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, Seattle Industry Foundation reported income of $114k and spending of $103k, spending 90% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $1.0m to $114k (-89%), an average of -52% a year. The sharpest change came in the year to December 2023, when income rose by 278%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Seattle Industry Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 36th percentile within WA. Charities of a similar size with the same main cause include Code Our Dreams ($114k), Orange Grove Elementary Charter School PTO ($114k) and Modesto Educational Foundation ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.