Southeast Seattle Education Coalition

Analysis

Southeast Seattle Education Coalition is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in November 2017, 9 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 June 2023, Southeast Seattle Education Coalition reported income of $2.1m and spending of $2.2m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $448k to $2.1m (+363%), an average of +47% a year. The sharpest change came in the year to June 2022, when income rose by 412%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southeast Seattle Education Coalition sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within WA. Charities of a similar size with the same main cause include Wood County Christian School ($2.1m), Salish School of Spokane ($2.1m) and Madison Community Montessori School Inc ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $86k (3.9% of expenses). Other salaries and wages came to $904k. At year end it held assets of $2.0m against liabilities of $82k, net assets of $1.9m. It reported 16 employees.