Seamark Ranch Inc

Analysis

Seamark Ranch Inc is a registered charity in United States, based in Green CV SPGS, FL. It received its IRS tax-exemption ruling in January 2002, 24 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 December 2022, Seamark Ranch Inc reported income of $3.0m and spending of $3.1m, spending 105% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $2.9m to $3.0m (+1.8%), an average of +0.6% a year. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Seamark Ranch Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include Napa Solano Sane Sart ($3.0m), Chugiak Senior Citizens Inc ($3.0m) and Lake City Partners Ending Homelessness ($3.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 89% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $102k (3.2% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $15.2m against liabilities of $54k, net assets of $15.1m. It reported 39 employees.