Seton Collaborative Corporation

Analysis

Seton Collaborative Corporation is a registered charity in United States, based in Shelton, CT. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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 June 2023, Seton Collaborative Corporation reported income of $568k and spending of $545k, spending 96% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $113k to $568k (+402%), an average of +402% a year. The sharpest change came in the year to June 2023, when income rose by 402%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Seton Collaborative Corporation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within CT. Charities of a similar size with the same main cause include Virginia Foundation for Architecture Incorporated ($568k), Chicano Humanities and Arts Council Inc ($568k) and Ohlone College Foundation ($568k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $118k (22% of expenses). Other salaries and wages came to $184k. At year end it held assets of $158k against liabilities of $26k, net assets of $133k. It reported 5 employees.