Seakers Aquatic Adventures Inc

Analysis

Seakers Aquatic Adventures Inc is a registered charity in United States, based in Concord, NC. It received its IRS tax-exemption ruling in October 2016, 10 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Seakers Aquatic Adventures Inc reported income of $143k and spending of $102k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $143k (+186%), an average of +186% a year. The sharpest change came in the year to December 2023, when income rose by 186%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Seakers Aquatic Adventures Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NC. Charities of a similar size with the same main cause include Ohana Sports ($143k), Case Batbusters Fastpitch Softball ($143k) and Wilson Junior Baseball ($143k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 26% of the total. At year end it held assets of $74k against liabilities of $231, net assets of $73k.