See Ya Later Foundation Inc

Analysis

See Ya Later Foundation Inc is a registered charity in United States, based in McMinnville, OR. It received its IRS tax-exemption ruling in August 2006, 20 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, See Ya Later Foundation Inc reported income of $421k and spending of $379k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $267k to $421k (+57%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 99%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, See Ya Later Foundation Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within OR. Charities of a similar size with the same main cause include Somerset Parent Teacher Association of Bellevue Washington ($421k), Centers for Interamerican Studies Inc ($421k) and Native Hawaiian Education Association ($420k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $92k (24% of expenses). Other salaries and wages came to $22k. At year end it held assets of $607k against liabilities of $9,914, net assets of $597k. It reported 6 employees.