Blanche Ebert Seaver Trust for Frank R Seaver College

Analysis

Blanche Ebert Seaver Trust for Frank R Seaver College is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 1988, 38 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Blanche Ebert Seaver Trust for Frank R Seaver College reported income of $7.3m and spending of $9.7m, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.2m to $7.3m (+1.0%), an average of +0.2% a year. The sharpest change came in the year to December 2021, when income rose by 152%. Over the whole period it spent 124% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Blanche Ebert Seaver Trust for Frank R Seaver College 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 94th percentile, and in the 94th percentile within IL. Charities of a similar size with the same main cause include Action in Community Through Service of Prince William ($7.3m), Masonic Center for Health and Rehab Inc ($7.3m) and Upper Savannah Council of Governments ($7.3m).

Compensation of current officers, directors and key employees was $770k (8.0% of expenses). At year end it held assets of $107.2m against liabilities of $0, net assets of $107.2m.