Sep Foundation

Analysis

Sep Foundation is a registered charity in United States, based in Los Altos, CA. It received its IRS tax-exemption ruling in March 2024, 2 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Sep Foundation reported income of $355k and spending of $259k, leaving 27% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $20k to $355k (+1636%), an average of +317% a year. The sharpest change came in the year to December 2022, when income rose by 2641%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sep Foundation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Rotary Zones 33-34 Foundation ($355k), The Swasey Fund for Relief of Public School Teachers of Newburyp ($356k) and First Chance Foundation ($355k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.1% and program service revenue 98% of the total. At year end it held assets of $302k against liabilities of $0, net assets of $302k.