Sea-Mar Farmworker and Community Housing Development

Analysis

Sea-Mar Farmworker and Community Housing Development is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 March 2023, Sea-Mar Farmworker and Community Housing Development reported income of $629k and spending of $749k, spending 119% of what it took in. Across the 2 years on record, from March 2022 to March 2023, income grew from $578k to $629k (+8.8%), an average of +8.8% a year. Over the whole period it spent 125% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sea-Mar Farmworker and Community Housing Development sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within WA. Charities of a similar size with the same main cause include George K Bowling Community Park Inc ($629k), York County Volunteer Association ($629k) and S M E D Incorporated ($629k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. Other salaries and wages came to $208k. At year end it held assets of $3.2m against liabilities of $3.8m, net assets of -$546k. It reported 5 employees.