Seagate Law Enforcement Foundation

Analysis

Seagate Law Enforcement Foundation is a registered charity in United States, based in Old Bridge, NJ. It received its IRS tax-exemption ruling in September 2012, 14 years ago. Its declared purposes cover human services, 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 December 2023, Seagate Law Enforcement Foundation reported income of $96k and spending of $98k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $79k to $96k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Seagate Law Enforcement Foundation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 43rd percentile within NJ. Charities of a similar size with the same main cause include Be a 9th Wonder Foundation ($96k), Healing Hearts Holistically Inc ($96k) and Fourth D Inc ($96k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $108k against liabilities of $0, net assets of $108k.