Seiu Education & Support Fund

Analysis

Seiu Education & Support Fund is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 1992, 34 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 June 2023, Seiu Education & Support Fund reported income of $31.1m and spending of $8.4m, leaving 73% of income unspent that year. Across the 4 years on record, from December 2019 to June 2023, income grew from $1.9m to $31.1m (+1514%), an average of +153% a year. The sharpest change came in the year to June 2022, when income rose by 313%. Over the whole period it spent 32% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Seiu Education & Support Fund 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 95th percentile within DC. Charities of a similar size with the same main cause include Center for Victims of Torture ($31.1m), Nova Ukraine ($31.4m) and Center for Social Change Inc ($30.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 7.1% of the total. Compensation of current officers, directors and key employees was $361k (4.3% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $38.3m against liabilities of $1.9m, net assets of $36.4m. It reported 26 employees.