Run Seal Beach

Analysis

Run Seal Beach is a registered charity in United States, based in Seal Beach, CA. It received its IRS tax-exemption ruling in February 2001, 25 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Run Seal Beach reported income of $165k and spending of $162k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $162k to $165k (+1.9%), an average of +0.5% a year. The sharpest change came in the year to December 2022, when income rose by 397%. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Run Seal Beach sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include American Council of Snowmobile Associations Inc ($165k), Cohasset Soccer Club Inc ($165k) and Salmon Whitewater Park Association Inc ($165k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. At year end it held assets of $18k against liabilities of $12k, net assets of $5,278.