Seiu 775 Benefits Group

Analysis

Seiu 775 Benefits Group is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Seiu 775 Benefits Group reported income of $33.0m and spending of $33.0m, spending 100% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $14.9m to $33.0m (+122%), an average of +49% a year. The sharpest change came in the year to June 2022, when income rose by 123%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Seiu 775 Benefits Group sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within WA. Charities of a similar size with the same main cause include Florida College ($32.9m), Caliber Public Schools ($33.0m) and Great Jobs Kansas City ($32.9m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $24.6m. At year end it held assets of $6.5m against liabilities of $6.5m, net assets of $0. It reported 214 employees.