Seta Foundation

Analysis

Seta Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 2009, 17 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Seta Foundation reported income of $883k and spending of $900k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $901k to $883k (-2.0%), an average of -0.5% a year. The sharpest change came in the year to December 2022, when income rose by 23%. Over the whole period it spent 100% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Seta Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 52nd percentile within DC. Charities of a similar size with the same main cause include Land Alliance Inc ($883k), Archangel Michael Coptic Care Co ($883k) and Aloha Medical Mission ($882k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $123k (14% of expenses). Other salaries and wages came to $145k. At year end it held assets of $152k against liabilities of $20k, net assets of $131k. It reported 4 employees.