Seton Village Inc

Analysis

Seton Village Inc is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in August 1982, 44 years ago. 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 June 2023, Seton Village Inc reported income of $1.5m and spending of $1.7m, spending 113% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.5m to $1.5m (+4.2%), an average of +1.4% a year. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Seton Village Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within ME. Charities of a similar size with the same main cause include Decatur Cooperative Ministry ($1.5m), Caudell Specialized Care Inc ($1.5m) and Supporters of Abuse Free Environments Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. At year end it held assets of $5.4m against liabilities of $5.9m, net assets of -$517k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.