Sebastopol Sea Serpents

Analysis

Sebastopol Sea Serpents is a registered charity in United States, based in Sebastopol, CA. It received its IRS tax-exemption ruling in August 2003, 23 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 August 2023, Sebastopol Sea Serpents reported income of $203k and spending of $240k, spending 118% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income fell from $230k to $203k (-12%), an average of -12% a year. Over the whole period it spent 112% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Sebastopol Sea Serpents sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Victory Sports Outreach Inc ($203k), Georgia Stars Basketball Inc ($203k) and Police Athletic League of Hamilton Township ($203k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. Other salaries and wages came to $131k. At year end it held assets of $12k against liabilities of $203, net assets of $11k. It reported 6 employees.