Seattle International Foundation

Analysis

Seattle International Foundation is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in November 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Seattle International Foundation reported income of $3.6m and spending of $4.3m, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.4m to $3.6m (-19%), an average of -5.2% a year. The sharpest change came in the year to December 2022, when income rose by 85%. Over the whole period it spent 121% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Seattle International Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within WA. Charities of a similar size with the same main cause include Catholic Charities Diocese of Tyler ($3.6m), Starability Foundation Inc ($3.6m) and International Pain and Spine Intervention Society Inc ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $203k (4.7% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $3.4m against liabilities of $132k, net assets of $3.3m.