Sea of Clouds

Analysis

Sea of Clouds is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Sea of Clouds reported income of $71k and spending of $74k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $71k to $71k (+0.2%), an average of +0.2% a year. Over the whole period it spent 111% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Sea of Clouds sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include Organization of Nature Evolutionaries Inc ($70k), Monterey Bay Areas Cactus and Succulent Society ($71k) and Jack London Yacht Club ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $20k against liabilities of $0, net assets of $20k.