Seal-Naval Special Warfare Foundation-San Diego

Analysis

Seal-Naval Special Warfare Foundation-San Diego is a registered charity in United States, based in Carlsbad, CA. It received its IRS tax-exemption ruling in September 2010, 16 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Seal-Naval Special Warfare Foundation-San Diego reported income of $1.9m and spending of $1.9m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $1.9m (+6.3%), an average of +1.5% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Seal-Naval Special Warfare Foundation-San Diego sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Esperanza Peace and Justice Center ($1.9m), Tax Education Support Organization ($1.9m) and Employee Assistance Fund for Alaska Airlines ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 112% of the total. Compensation of current officers, directors and key employees was $195k (10% of expenses). Other salaries and wages came to $260. At year end it held assets of $2.0m against liabilities of $259k, net assets of $1.7m. It reported 1 employees.