Seashore Mission

Analysis

Seashore Mission is a registered charity in United States, based in Biloxi, MS. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Seashore Mission reported income of $131k and spending of $171k, spending 131% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $80k to $131k (+64%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 111% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Seashore Mission sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within MS. Charities of a similar size with the same main cause include Womens Circle Inc ($131k), Perfect Word Ministries Inc ($131k) and Lovesick Ministries Inc ($131k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $362k against liabilities of $43k, net assets of $319k.