Seattle Pacific Foundation

Analysis

Seattle Pacific Foundation is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in September 1979, 47 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Seattle Pacific Foundation reported income of $919k and spending of $872k, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $776k to $919k (+18%), an average of +4.3% a year. The sharpest change came in the year to June 2023, when income rose by 31%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Seattle Pacific Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within WA. Charities of a similar size with the same main cause include Climate Action Pathways for Schools ($919k), Cyclone Regional Training Center Inc ($919k) and Chicago Freedom School ($919k).

Compensation of current officers, directors and key employees was $224k (26% of expenses). Other salaries and wages came to $242k. At year end it held assets of $195.4m against liabilities of $187.7m, net assets of $7.6m. It reported 5 employees.