Sebastianstrong Foundation

Analysis

Sebastianstrong Foundation is a registered charity in United States, based in Miami Springs, FL. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Sebastianstrong Foundation reported income of $940k and spending of $928k, spending 99% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $469k to $940k (+101%), an average of +26% a year. The sharpest change came in the year to December 2020, when income rose by 32%. Over the whole period it spent 80% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sebastianstrong Foundation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Mental Health Association of Central Florida Inc ($940k), Matthew Project Inc ($941k) and Blue Channel Therapy ($940k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 53% of the total. Compensation of current officers, directors and key employees was $120k (13% of expenses). At year end it held assets of $1.0m against liabilities of $13k, net assets of $1.0m. It reported 1 employees.