Sea Leg Foundation

Analysis

Sea Leg Foundation is a registered charity in United States, based in Lincoln, DE. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sea Leg Foundation reported income of $371k and spending of $348k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $323k to $371k (+15%), an average of +15% a year. Over the whole period it spent 94% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Sea Leg 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 65th percentile, and in the 60th percentile within DE. Charities of a similar size with the same main cause include Citizens for Fauquier County ($370k), Southeastern Wisconsin Watersheds Trust Inc ($371k) and Green Beverly 107q Inc ($370k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 100% of the total. At year end it held assets of $55k against liabilities of $0, net assets of $55k.