Ceti

Analysis

Ceti is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ceti reported income of $1.4m and spending of $1.3m, spending 93% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $214k to $1.4m (+561%), an average of +157% a year. The sharpest change came in the year to December 2022, when income rose by 169%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ceti sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within OR. Charities of a similar size with the same main cause include King Academy Community School Inc ($1.4m), Salam Academy Incorporated ($1.4m) and Journal of Orthopaedic & Sports Physical Therapy Inc ($1.4m).

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 $503k against liabilities of $0, net assets of $503k.