Eduseed

Analysis

Eduseed is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 2000, 26 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2024, Eduseed reported income of $600k and spending of $335k, leaving 44% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $396k to $600k (+52%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 100%. Over the whole period it spent 52% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Eduseed sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 46th percentile within DC. Charities of a similar size with the same main cause include Blair County Arts Foundation ($600k), World Arts West ($600k) and Chelan County Historical Society ($600k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $104k (31% of expenses). Other salaries and wages came to $75k. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m. It reported 2 employees.