Seattle University

Analysis

Seattle University is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in October 1992, 34 years ago. 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, Seattle University reported income of $349.9m and spending of $372.6m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $353.7m to $349.9m (-1.1%), an average of -0.3% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Seattle University sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within WA. Charities of a similar size with the same main cause include Population Services International ($349.7m), Swedish Covenant Health ($352.3m) and Ahs Midwest Management Inc ($349.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.3% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $8.6m (2.3% of expenses). Other salaries and wages came to $121.6m. It paid $2,750 in professional fundraising fees. At year end it held assets of $904.4m against liabilities of $210.9m, net assets of $693.5m. It reported 3,990 employees.