City University of Seattle

Analysis

City University of Seattle is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in December 1974, 52 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, City University of Seattle reported income of $41.2m and spending of $44.0m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $40.4m to $41.2m (+2.0%), an average of +0.5% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, City University of Seattle sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within WA. Charities of a similar size with the same main cause include Growing Up Green Charter School II ($41.1m), Meeting Street Schools ($41.2m) and Austin Achieve Public Schools Inc ($41.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.3% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $931k (2.1% of expenses). Other salaries and wages came to $22.8m. At year end it held assets of $48.2m against liabilities of $28.8m, net assets of $19.4m. It reported 540 employees.