S E a L Foundation Inc

Analysis

S E a L Foundation Inc is a registered charity in United States, based in Lakeville, MA. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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, S E a L Foundation Inc reported income of $610k and spending of $743k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $182k to $610k (+234%), an average of +35% a year. The sharpest change came in the year to December 2020, when income rose by 90%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, S E a L Foundation Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within MA. Charities of a similar size with the same main cause include Painters District Council No 58 Joint Apprenticeship Training Fund ($609k), Grin & Grow Ltd ($610k) and Palisades High School Booster Club Inc ($609k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 53% of the total. Other salaries and wages came to $345k. At year end it held assets of $150k against liabilities of $150k, net assets of $945. It reported 12 employees.