Texas Sealife Center

Analysis

Texas Sealife Center is a registered charity in United States, based in Corp Christi, TX. It received its IRS tax-exemption ruling in July 2011, 15 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Texas Sealife Center reported income of $220k and spending of $176k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $146k to $220k (+51%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 92% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Texas Sealife Center sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within TX. Charities of a similar size with the same main cause include Friends of San Martin Animal Society ($220k), Paws for Life Rescue ($221k) and Love Connection Dog Rescue ($220k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $168k against liabilities of $25k, net assets of $143k.