Seeqs Foundation

Analysis

Seeqs Foundation is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Seeqs Foundation reported income of $185k and spending of $110k, leaving 40% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income fell from $395k to $185k (-53%), an average of -32% a year. The sharpest change came in the year to June 2022, when income dropped by 66%. Over the whole period it spent 28% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Seeqs Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within HI. Charities of a similar size with the same main cause include National Association of Corporate Directors ($185k), Commonwealth Christian Academy Inc ($185k) and Looma Education Corporation ($185k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $811k against liabilities of $765, net assets of $811k.