Seiu 503 Training Partnership

Analysis

Seiu 503 Training Partnership is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in September 2020, 6 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, Seiu 503 Training Partnership reported income of $16.8m and spending of $9.9m, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $15.3m to $16.8m (+9.7%), an average of +2.3% a year. The sharpest change came in the year to December 2022, when income rose by 288%. Over the whole period it spent 49% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Seiu 503 Training Partnership sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within OR. Charities of a similar size with the same main cause include University of Oregon Bookstore Inc ($16.8m), The Pepin Academies Inc ($16.8m) and Special Operations Warrior Foundation ($16.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $34.5m against liabilities of $0, net assets of $34.5m.