Christ at the Sea Foundation

Analysis

Christ at the Sea Foundation is a registered charity in United States, based in Madeira Beach, FL. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Christ at the Sea Foundation reported income of $59k and spending of $64k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $60k to $59k (-2.3%), an average of -2.3% a year. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Christ at the Sea Foundation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 27th percentile within FL. Charities of a similar size with the same main cause include Bangladesh Puja Samiti of New York Inc ($59k), Way Church ($59k) and One Whole Heart Ministry Inc ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $232k against liabilities of $281k, net assets of -$49k.