Seela Sports

Analysis

Seela Sports is a registered charity in United States, based in Rowlett, TX. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, Seela Sports reported income of $134k and spending of $135k, spending 101% of its income. The sharpest change came in the year to December 2023, when income rose by 259%. Over the whole period it spent 95% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Seela Sports sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 48th percentile within TX. Charities of a similar size with the same main cause include Sisters of Watts ($134k), Pottsboro Kids Club ($134k) and Harvard International Academy Foundation Inc ($134k).

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 $7,838 against liabilities of $0, net assets of $7,838.