Strawberry Seals Inc

Analysis

Strawberry Seals Inc is a registered charity in United States, based in Tiburon, CA. It received its IRS tax-exemption ruling in July 2007, 19 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Strawberry Seals Inc reported income of $398k and spending of $365k, spending 92% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $326k to $398k (+22%), an average of +5.1% a year. The sharpest change came in the year to August 2021, when income rose by 40%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Strawberry Seals Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Starke County Fair Board Incorporated ($398k), Dorchester Youth Hockey Inc ($398k) and Friends of the Ifl Inc ($398k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 4.9% and program service revenue 95% of the total. Other salaries and wages came to $201k. At year end it held assets of $406k against liabilities of $25k, net assets of $381k. It reported 21 employees.