Seacoast Soul Models

Analysis

Seacoast Soul Models is a registered charity in United States, based in Kittery, ME. It received its IRS tax-exemption ruling in January 2016, 10 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 (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, Seacoast Soul Models reported income of $112k and spending of $101k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $86k to $112k (+31%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 86% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Seacoast Soul Models sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 34th percentile within ME. Charities of a similar size with the same main cause include Tech Journey Inc ($112k), Emerging Pearls Foundation ($112k) and Seneca Valley Junior Football Association ($112k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 4.3% of the total. At year end it held assets of $96k against liabilities of $794, net assets of $95k.