Mission to Seafarers

Analysis

Mission to Seafarers is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in February 2002, 24 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 April 2023, Mission to Seafarers reported income of $232k and spending of $227k, spending 98% of its income. Across the 4 years on record, from April 2019 to April 2023, income grew from $199k to $232k (+17%), an average of +5.2% a year. The sharpest change came in the year to April 2020, when income rose by 29%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mission to Seafarers sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within WA. Charities of a similar size with the same main cause include Equipping Group Inc ($232k), Fluitt Ministries Inc ($232k) and M U D Ministries ($232k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $42k (18% of expenses). Other salaries and wages came to $86k. At year end it held assets of $137k against liabilities of $6,320, net assets of $130k. It reported 3 employees.