Seacoast Eat Local Inc

Analysis

Seacoast Eat Local Inc is a registered charity in United States, based in Lee, NH. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 June 2024, Seacoast Eat Local Inc reported income of $373k and spending of $427k, spending 114% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $319k to $373k (+17%), an average of +3.2% a year. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Seacoast Eat Local Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within NH. Charities of a similar size with the same main cause include Pawnee Seed Preservation Society Inc ($373k), Life Choice Inc ($373k) and Rio Grande Agricultural Land TR ($373k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 64% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $70k (16% of expenses). At year end it held assets of $153k against liabilities of $66k, net assets of $87k. It reported 9 employees.