Operation Seas the Day Inc

Analysis

Operation Seas the Day Inc is a registered charity in United States, based in Bethany Beach, DE. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 September 2023, Operation Seas the Day Inc reported income of $57k and spending of $45k, leaving 21% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $44k to $57k (+31%), an average of +31% a year. The sharpest change came in the year to September 2023, when income rose by 31%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Operation Seas the Day Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within DE. Charities of a similar size with the same main cause include Corvair Preservation Foundation ($57k), Child Evangelism Fellowship Inc ($57k) and Run the Streets Inc ($57k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 109% of the total. At year end it held assets of $65k against liabilities of $0, net assets of $65k.