Sea Haven Inc

Analysis

Sea Haven Inc is a registered charity in United States, based in Little River, SC. It received its IRS tax-exemption ruling in September 1982, 44 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Sea Haven Inc reported income of $2.0m and spending of $1.5m, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $2.0m (+88%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 81%. Over the whole period it spent 91% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Sea Haven Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within SC. Charities of a similar size with the same main cause include Johnson County Childrens Advocacy Center ($2.0m), Free Arts for Abused Children of New York City Inc ($2.0m) and Restorative Partners Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $81k (5.5% of expenses). Other salaries and wages came to $580k. At year end it held assets of $2.8m against liabilities of $28k, net assets of $2.8m. It reported 1 employees.