Seemore Impact Labs

Analysis

Seemore Impact Labs is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in September 2022, 4 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, Seemore Impact Labs reported income of $251k and spending of $397k, spending 158% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $482k to $251k (-48%), an average of -48% a year. The sharpest change came in the year to December 2023, when income dropped by 48%. Over the whole period it spent 126% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Seemore Impact Labs sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within CO. Charities of a similar size with the same main cause include Ha P I ($251k), American College of Physicians ($251k) and Twin Cities Parent Education Group ($251k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. Other salaries and wages came to $256k. At year end it held assets of $78k against liabilities of $271k, net assets of -$192k. It reported 4 employees.