Seacoast Community School

Analysis

Seacoast Community School is a registered charity in United States, based in Portsmouth, NH. It received its IRS tax-exemption ruling in July 1968, 58 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Seacoast Community School reported income of $3.3m and spending of $3.3m, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.1m to $3.3m (+56%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 59%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Seacoast Community School sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NH. Charities of a similar size with the same main cause include Transformations by Austin Angels ($3.3m), Valeries House Inc ($3.3m) and Presbyterian Villages of Michigan Foundation ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.8% and program service revenue 87% of the total. At year end it held assets of $3.6m against liabilities of $670k, net assets of $2.9m. It reported 72 employees.