Seaford Historical Society

Analysis

Seaford Historical Society is a registered charity in United States, based in Seaford, DE. It received its IRS tax-exemption ruling in August 1977, 49 years ago. 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, Seaford Historical Society reported income of $618k and spending of $516k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $124k to $618k (+399%), an average of +49% a year. The sharpest change came in the year to December 2023, when income rose by 364%. Over the whole period it spent 135% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Seaford Historical Society sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 68th percentile within DE. Charities of a similar size with the same main cause include Marion Therapeutic Riding Association Inc ($618k), Habitat for Humanity International Inc ($618k) and Telacu Housing-El Monte Inc ($618k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. Compensation of current officers, directors and key employees was $28k (5.4% of expenses). Other salaries and wages came to $39k. At year end it held assets of $3.0m against liabilities of $145k, net assets of $2.8m. It reported 4 employees.