U S Naval Sea Cadet Foundation Inc

Analysis

U S Naval Sea Cadet Foundation Inc is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, U S Naval Sea Cadet Foundation Inc reported income of $66k and spending of $204k, spending 306% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $92k to $66k (-28%), an average of -6.3% a year. The sharpest change came in the year to December 2021, when income dropped by 41%. Over the whole period it spent 172% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, U S Naval Sea Cadet Foundation Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 25th percentile within VA. Charities of a similar size with the same main cause include Vtec Scholarship Foundation ($66k), Riffenburgh Elementary Parent Teacher Organization ($66k) and Hardy Elementary School PTO ($66k).

At year end it held assets of $4.6m against liabilities of $0, net assets of $4.6m.