Seabury Charitable Foundation Inc

Analysis

Seabury Charitable Foundation Inc is a registered charity in United States, based in Bloomfield, CT. It received its IRS tax-exemption ruling in November 1996, 30 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2023, Seabury Charitable Foundation Inc reported income of $276k and spending of $421k, spending 153% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $236k to $276k (+17%), an average of +3.9% a year. The sharpest change came in the year to September 2020, when income rose by 147%. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Seabury Charitable Foundation Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within CT. Charities of a similar size with the same main cause include Vancouver Affordable Housing Nonprofit ($276k), Baton Rouge Village Inc ($276k) and New Rochelle Community Housing Development Corp ($275k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $7.3m against liabilities of $218k, net assets of $7.1m.