Dark Seas Project

Analysis

Dark Seas Project is a registered charity in United States, based in Arlington, TX. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Dark Seas Project reported income of $129k and spending of $132k, spending 102% of its income. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dark Seas Project sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include Glynwood Childcare Ministry Inc ($129k), Friends of Christian Education Inc ($129k) and Bend Rotary Club Foundation Inc ($129k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $70 against liabilities of $0, net assets of $70.