Seesaw Communities Inc

Analysis

Seesaw Communities Inc is a registered charity in United States, based in Buena Park, CA. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Seesaw Communities Inc reported income of $487k and spending of $442k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $123k to $487k (+297%), an average of +297% a year. The sharpest change came in the year to December 2023, when income rose by 297%. Over the whole period it spent 91% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Seesaw Communities Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Clarion Vocational Services Incorporated ($487k), Greater Wisconsin Opportunities Fund Inc ($488k) and Wyoming Capital Access ($487k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $31k (6.9% of expenses). Other salaries and wages came to $39k. At year end it held assets of $190k against liabilities of $130k, net assets of $60k.