Siff

Analysis

Siff is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in October 1991, 35 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Siff reported income of $5.9m and spending of $7.6m, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.2m to $5.9m (-4.0%), an average of -1.0% a year. The sharpest change came in the year to December 2021, when income rose by 130%. Over the whole period it spent 107% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Siff sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within WA. Charities of a similar size with the same main cause include Embarc Inc ($5.9m), Just in Time for Foster Youth ($5.9m) and Founding Forward ($5.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $238k (3.1% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $12.1m against liabilities of $12.3m, net assets of -$150k. It reported 160 employees.