Seabury

Analysis

Seabury is a registered charity in United States, based in St Paul, MN. It received its IRS tax-exemption ruling in June 2001, 25 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 (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, Seabury reported income of $505k and spending of $743k, spending 147% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $457k to $505k (+10%), an average of +2.5% a year. Over the whole period it spent 150% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Seabury sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within MN. Charities of a similar size with the same main cause include Centennial Falcon Properties Inc ($504k), Dogwood Village Foundation ($505k) and Christian Living Center Inc ($504k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $141k. At year end it held assets of $1.8m against liabilities of $131k, net assets of $1.7m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.