Sea King Running Foundation

Analysis

Sea King Running Foundation is a registered charity in United States, based in San Clemente, CA. It received its IRS tax-exemption ruling in June 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Sea King Running Foundation reported income of $64k and spending of $72k, spending 114% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $86k to $64k (-26%), an average of -26% a year. The sharpest change came in the year to June 2024, when income dropped by 26%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sea King Running Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within CA. Charities of a similar size with the same main cause include P G P R I D E Inc ($64k), Novato Gymnastics Boosters Inc ($64k) and Golden Valley High School Baseball Grizzlies Dugout Club ($64k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $8,556 against liabilities of $0, net assets of $8,556.