South Seattle Community College Foundation

Analysis

South Seattle Community College Foundation is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in January 1982, 44 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 December 2023, South Seattle Community College Foundation reported income of $1.2m and spending of $903k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.2m (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2021, when income rose by 66%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, South Seattle Community College Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within WA. Charities of a similar size with the same main cause include Nackey S Loeb School of Communications Inc ($1.2m), Del Mar Schools Education Foundation ($1.2m) and Surry Village Charter School ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.6% of the total. At year end it held assets of $24.3m against liabilities of $297k, net assets of $24.0m.