International Seafarers Center Inc

Analysis

International Seafarers Center Inc is a registered charity in United States, based in Brunswick, GA. It received its IRS tax-exemption ruling in November 1984, 42 years ago. 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, International Seafarers Center Inc reported income of $186k and spending of $215k, spending 116% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $286k to $186k (-35%), an average of -13% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, International Seafarers Center Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 55th percentile within GA. Charities of a similar size with the same main cause include Hike Fund ($186k), Ashland Youth Hocke Corp ($186k) and Arnold Athletic Association ($186k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 59% of the total. Compensation of current officers, directors and key employees was $43k (20% of expenses). Other salaries and wages came to $70k. At year end it held assets of $450k against liabilities of $3,483, net assets of $446k. It reported 5 employees.