Ceiba Connections

Analysis

Ceiba Connections is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in November 1964, 62 years ago. Its declared purposes cover education, which this site groups under education and training. 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 April 2024, Ceiba Connections reported income of $440k and spending of $471k, spending 107% of what it took in. Across the 5 years on record, from April 2020 to April 2024, income grew from $194k to $440k (+127%), an average of +23% a year. The sharpest change came in the year to April 2021, when income rose by 111%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ceiba Connections sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within WA. Charities of a similar size with the same main cause include Usul Academy ($440k), Friends and Family of PS 11 ($440k) and Berkeley Alembic Foundation ($440k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 0.9% and program service revenue 105% of the total. Compensation of current officers, directors and key employees was $113k (24% of expenses). Other salaries and wages came to $107k. At year end it held assets of $327k against liabilities of $57k, net assets of $270k. It reported 6 employees.