The Seattle School of Theology & Psychology

Analysis

The Seattle School of Theology & Psychology is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in December 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Seattle School of Theology & Psychology reported income of $7.3m and spending of $8.5m, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.3m to $7.3m (+16%), an average of +3.7% a year. The sharpest change came in the year to June 2021, when income rose by 43%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Seattle School of Theology & Psychology sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within WA. Charities of a similar size with the same main cause include Mountainville Academy ($7.3m), Crosswood Inc ($7.3m) and TVCS ($7.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $404k (4.7% of expenses). Other salaries and wages came to $4.2m. At year end it held assets of $3.0m against liabilities of $681k, net assets of $2.3m. It reported 146 employees.