Seaside Kids Incorporated

Analysis

Seaside Kids Incorporated is a registered charity in United States, based in Seaside, OR. It received its IRS tax-exemption ruling in April 1970, 56 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 December 2023, Seaside Kids Incorporated reported income of $61k and spending of $78k, spending 128% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $75k to $61k (-19%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 122% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Seaside Kids Incorporated sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within OR. Charities of a similar size with the same main cause include Effingham County Extension Education Building Association ($61k), Cheesequake Volunteer First Aid Squad Inc ($61k) and Genesee Area Campus Ministries ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 6.7% of the total. At year end it held assets of $184k against liabilities of $0, net assets of $184k.