Seattle Amistad School

Analysis

Seattle Amistad School is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in June 2015, 11 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, Seattle Amistad School reported income of $3.8m and spending of $4.2m, spending 111% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.5m to $3.8m (+8.3%), an average of +2.7% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Seattle Amistad School sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within WA. Charities of a similar size with the same main cause include City Club Forum Foundation ($3.8m), Brooklyn Charter School ($3.8m) and All Tribes American Indian Charter ($3.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.8% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $114k (2.7% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $3.7m against liabilities of $3.7m, net assets of -$340. It reported 48 employees.