Sea Pines Forest Preserve Foundation

Analysis

Sea Pines Forest Preserve Foundation is a registered charity in United States, based in Hilton Head, SC. It received its IRS tax-exemption ruling in July 1994, 32 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2022, Sea Pines Forest Preserve Foundation reported income of $221k and spending of $212k, spending 96% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $211k to $221k (+4.3%), an average of +1.4% a year. The sharpest change came in the year to December 2021, when income rose by 137%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sea Pines Forest Preserve Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 61st percentile within SC. Charities of a similar size with the same main cause include Art Alliance of Greensboro Inc ($220k), Association of Mathematics Teachers of New Jersey ($221k) and Swiss Center of North America Inc ($220k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 63% and program service revenue 11% of the total. Other salaries and wages came to $29k. At year end it held assets of $879k against liabilities of $27k, net assets of $852k.