Port Arthur International Seamens Center

Analysis

Port Arthur International Seamens Center is a registered charity in United States, based in Port Arthur, TX. It received its IRS tax-exemption ruling in September 1973, 53 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 2023, Port Arthur International Seamens Center reported income of $240k and spending of $270k, spending 113% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $326k to $240k (-26%), an average of -9.7% a year. The sharpest change came in the year to June 2022, when income rose by 67%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Port Arthur International Seamens Center sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include South Central Texas Community Foundation ($239k), Hearts Respond ($240k) and Ten Thousand Villages of Austin ($239k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 24% of the total. Other salaries and wages came to $112k. At year end it held assets of $1.6m against liabilities of $5,029, net assets of $1.6m.