Westbrook Seals

Analysis

Westbrook Seals is a registered charity in United States, based in Windham, ME. It received its IRS tax-exemption ruling in May 1996, 30 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 August 2024, Westbrook Seals reported income of $219k and spending of $227k, spending 104% of its income. Across the 4 years on record, from August 2021 to August 2024, income grew from $201k to $219k (+8.8%), an average of +2.9% a year. The sharpest change came in the year to August 2022, when income rose by 20%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Westbrook Seals sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 49th percentile within ME. Charities of a similar size with the same main cause include Northeast Louisiana Soccer Association ($219k), Feliciana Retreat and Conference Center Inc ($219k) and Schenectady Curling Club Inc ($219k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $84k (37% of expenses). Other salaries and wages came to $22k. At year end it held assets of $72k against liabilities of $402, net assets of $71k. It reported 6 employees.