Seacoast Village Project

Analysis

Seacoast Village Project is a registered charity in United States, based in Portsmouth, NH. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Seacoast Village Project reported income of $86k and spending of $89k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $96k to $86k (-11%), an average of -11% a year. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Seacoast Village Project sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 34th percentile within NH. Charities of a similar size with the same main cause include Youth-Full ($86k), Sunshine Ministries Inc ($86k) and Restoration Farm NJ Inc ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 1.2% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.