Seattle Institute for Early Child Development Inc

Analysis

Seattle Institute for Early Child Development Inc is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in August 1974, 52 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Seattle Institute for Early Child Development Inc reported income of $4.7m and spending of $4.6m, spending 98% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.4m to $4.7m (+93%), an average of +18% a year. The sharpest change came in the year to August 2021, when income rose by 55%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Seattle Institute for Early Child Development Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within WA. Charities of a similar size with the same main cause include New Springs Inc ($4.7m), Elija School ($4.7m) and Michigan Center for Construction Education & Research TR Ua ($4.7m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 1.9% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $124k (2.7% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $1.5m against liabilities of $608k, net assets of $858k. It reported 87 employees.