Seal Harbor Village Improvement Society Inc

Analysis

Seal Harbor Village Improvement Society Inc is a registered charity in United States, based in Seal Harbor, ME. It received its IRS tax-exemption ruling in January 1952, 74 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Seal Harbor Village Improvement Society Inc reported income of $182k and spending of $178k, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $164k to $182k (+11%), an average of +2.6% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 104% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Seal Harbor Village Improvement Society Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 45th percentile within ME. Charities of a similar size with the same main cause include American Beach Ultimate Association ($182k), Olympic Forest Coalition ($182k) and Greensboro Beautiful Inc ($181k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $132k. At year end it held assets of $194k against liabilities of $1,848, net assets of $193k. It reported 5 employees.