North Seattle Community College Foundation

Analysis

North Seattle Community College Foundation is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in March 1988, 38 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, North Seattle Community College Foundation reported income of $9.1m and spending of $5.9m, leaving 35% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $5.1m to $9.1m (+79%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, North Seattle Community College Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within WA. Charities of a similar size with the same main cause include Stavros Center for Independent Living Inc ($9.1m), Butler County Family Young Mens Christian Association ($9.1m) and Appalachian Area Agency on Aging Inc ($9.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 46% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $456k (7.7% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $20.2m against liabilities of $3.2m, net assets of $17.0m. It reported 61 employees.