Corpus Christi International Seafarers Center

Analysis

Corpus Christi International Seafarers Center is a registered charity in United States, based in Corp Christi, TX. It received its IRS tax-exemption ruling in November 1974, 52 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 December 2023, Corpus Christi International Seafarers Center reported income of $334k and spending of $287k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $247k to $334k (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Corpus Christi International Seafarers Center sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Luther Heights Inc ($334k), The Fold Inc ($334k) and Restoration House Ministries ($333k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. Other salaries and wages came to $103k. At year end it held assets of $284k against liabilities of $58k, net assets of $226k. It reported 4 employees.