Seaside Sustainability Inc

Analysis

Seaside Sustainability Inc is a registered charity in United States, based in Gloucester, MA. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Seaside Sustainability Inc reported income of $132k and spending of $462k, spending 349% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $101k to $132k (+31%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 25%. Over the whole period it spent 185% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Seaside Sustainability Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 50th percentile within MA. Charities of a similar size with the same main cause include Cleanenergy4all ($132k), Shelby County Trails Board Inc ($132k) and Greater Sacramento Regional Clean Air Coalition Inc ($132k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $66k (14% of expenses). At year end it held assets of $55k against liabilities of $35k, net assets of $20k. It reported 1 employees.