Santa to the Sea Inc

Analysis

Santa to the Sea Inc is a registered charity in United States, based in Oxnard, CA. It received its IRS tax-exemption ruling in June 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Santa to the Sea Inc reported income of $303k and spending of $311k, spending 103% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $276k to $303k (+9.8%), an average of +3.2% a year. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Santa to the Sea Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Steps to Tomorrow ($303k), Aa Swartz Adoption Attorneys and Child Placing Agency Inc ($303k) and Good Neighbors of Central Ohio ($303k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 60% of the total. At year end it held assets of $159k against liabilities of $15k, net assets of $144k.