Seattle Times Community Impact Fund

Analysis

Seattle Times Community Impact Fund is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in October 1979, 47 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Seattle Times Community Impact Fund reported income of $2.8m and spending of $2.8m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $2.8m (+76%), an average of +15% a year. The sharpest change came in the year to June 2020, when income rose by 54%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Seattle Times Community Impact Fund sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within WA. Charities of a similar size with the same main cause include Northland Neighborhoods Incorporated ($2.8m), Amigos de Los Rios ($2.8m) and Hirshberg Foundation for Pancreatic Cancer Research ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $149k against liabilities of $0, net assets of $149k.