Brentwood Seawolves

Analysis

Brentwood Seawolves is a registered charity in United States, based in Brentwood, CA. It received its IRS tax-exemption ruling in June 2009, 17 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Brentwood Seawolves reported income of $188k and spending of $210k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $218k to $188k (-13%), an average of -3.5% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Brentwood Seawolves sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 55th percentile within CA. Charities of a similar size with the same main cause include Joe Little Foundation ($188k), Rhyne Park Girls Softball Association Inc ($189k) and Chino Hills Girls Softball Association ($188k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $43k (21% of expenses). Other salaries and wages came to $54k. At year end it held assets of $129k against liabilities of $1,022, net assets of $128k. It reported 10 employees.