South Fork Sea Farmers

Analysis

South Fork Sea Farmers is a registered charity in United States, based in East Hampton, NY. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, South Fork Sea Farmers reported income of $97k and spending of $44k, leaving 55% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $40k to $97k (+145%), an average of +145% a year. The sharpest change came in the year to December 2023, when income rose by 145%. Over the whole period it spent 34% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, South Fork Sea Farmers sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include Pet Rescue of Mercer Inc ($97k), Wellbeing International Inc ($97k) and Midsouth Animal Welfare Foundation ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 111% of the total. At year end it held assets of $116k against liabilities of $0, net assets of $116k.