Seattle Childrens Foundation

Analysis

Seattle Childrens Foundation is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in December 1981, 45 years ago. 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 September 2023, Seattle Childrens Foundation reported income of $126.7m and spending of $126.7m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $159.9m to $126.7m (-21%), an average of -5.7% a year. The sharpest change came in the year to September 2021, when income rose by 50%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Seattle Childrens Foundation 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 99th percentile, and in the 100th percentile within WA. Charities of a similar size with the same main cause include St Bonaventure University Business Office - Hopkins Hall ($126.6m), Tarrant Area Food Bank ($127.2m) and Elizabeth Seton Pediatric Center ($125.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $3.6m (2.9% of expenses). Other salaries and wages came to $6.6m. It paid $1.4m in professional fundraising fees. At year end it held assets of $2.4m against liabilities of $2.4m, net assets of $0. It reported 83 employees.