Seymour Tradition Inc

Analysis

Seymour Tradition Inc is a registered charity in United States, based in Seymour, CT. It received its IRS tax-exemption ruling in May 2011, 15 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 August 2023, Seymour Tradition Inc reported income of $82k and spending of $72k, spending 88% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $71k to $82k (+16%), an average of +3.9% a year. The sharpest change came in the year to August 2023, when income rose by 67%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Seymour Tradition Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 29th percentile within CT. Charities of a similar size with the same main cause include Bloomingdale Lightning FC ($82k), Pleasant Hill Soccer Club ($82k) and Texas Regulators Volleyball Club ($82k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 61% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.