Seal Beach Shores Inc

Analysis

Seal Beach Shores Inc is a registered charity in United States, based in Santa Ana, CA. It received its IRS tax-exemption ruling in April 2008, 18 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Seal Beach Shores Inc reported income of $928k and spending of $866k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $895k to $928k (+3.7%), an average of +0.9% a year. Over the whole period it spent 92% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Seal Beach Shores Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Christian Housing-Cottonwood Inc ($928k), Association of Alaska Housing Authorities ($928k) and St Francis House Inc ($927k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 86% of the total. At year end it held assets of $8.5m against liabilities of $5.2m, net assets of $3.2m. It reported 3 employees.