Seth Burton Memorial Inc

Analysis

Seth Burton Memorial Inc is a registered charity in United States, based in Fairmont, WV. It received its IRS tax-exemption ruling in October 2020, 6 years ago. 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, Seth Burton Memorial Inc reported income of $92k and spending of $62k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $92k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Seth Burton Memorial Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 31st percentile within WV. Charities of a similar size with the same main cause include Stockton Art League ($92k), PTA Oregon Congress ($92k) and Barry Webb Evangelistic Ministries Inc ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 62% of the total. At year end it held assets of $61k against liabilities of $0, net assets of $61k.