Seagull Industries for the Disabled Inc

Analysis

Seagull Industries for the Disabled Inc is a registered charity in United States, based in Riviera Beach, FL. It received its IRS tax-exemption ruling in November 1981, 45 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2022, Seagull Industries for the Disabled Inc reported income of $2.3m and spending of $2.5m, spending 105% of what it took in. Across the 4 years on record, from June 2019 to June 2022, income fell from $3.9m to $2.3m (-40%), an average of -16% a year. The sharpest change came in the year to June 2020, when income dropped by 39%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Seagull Industries for the Disabled Inc sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Camp Chautauqua Inc ($2.3m), Affiliated Blind of Louisiana Training Center Inc ($2.3m) and Massachusetts Federation of Farmers and Gardeners Markets Inc ($2.3m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 64% and program service revenue 35% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $2.7m against liabilities of $879k, net assets of $1.8m. It reported 119 employees.