United Seamens Service Inc
United Seamens Service Inc. maintains stable operations with improving liability management and no reported officer compensation.
EIN: 135562370 · Jersey City, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.2M |
| Total Expenses | $2.1M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $343K |
| Transparency Score | 88/100 |
Is United Seamens Service Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
United Seamens Service Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About United Seamens Service Inc
United Seamens Service Inc (EIN: 135562370) is a nonprofit organization based in Jersey City, NJ. The organization reported total revenue of $4.2M and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of United Seamens Service Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
United Seamens Service Inc is a mid-size nonprofit that has been operating for 84 years, with 13 years of IRS 990 filings on record (2010–2022). Revenue has grown at a compound annual rate of -2.5%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $2.1M |
| Surplus / Deficit | $-51,838 |
| Total Assets | $1.3M |
| Total Liabilities | $951K |
| Net Assets | $343K |
| Operating Margin | -2.5% |
| Debt-to-Asset Ratio | 73.5% |
| Months of Reserves | 7.4 months |
Financial Health Grade: C
In 2022, United Seamens Service Inc reported a deficit of $52K with expenses exceeding revenue, holds 7.4 months of operating reserves (strong position), has a debt-to-asset ratio of 73.5% (high leverage).
Financial Trends
Over 13 years of filings (2010–2022), United Seamens Service Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -3.6% | +7.8% | -7.0% |
| 2021 | -6.6% | -9.3% | +6.5% |
| 2020 | -12.0% | -8.5% | +17.1% |
| 2019 | +11.1% | -0.7% | +14.5% |
| 2018 | +3.9% | -5.6% | -12.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1942 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates United Seamens Service Inc with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, United Seamens Service Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $52K, with expenses exceeding revenue.
- Debt-to-asset ratio: 73.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly favorable for a nonprofit of its size with annual revenues exceeding $2 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for United Seamens Service Inc:
- Consistent 0% officer compensation, indicating strong financial stewardship.
- Significant reduction in liabilities from $3,965,100 in 2013 to $951,177 in 2022, improving financial stability.
- Stable revenue generation over a decade, consistently above $2 million.
- Maintained assets above $1 million, providing a solid financial base.
Frequently Asked Questions about United Seamens Service Inc
Is United Seamens Service Inc a legitimate charity?
United Seamens Service Inc (EIN: 135562370) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $4.2M. No red flags identified. 4 strengths noted. Financial health grade: C.
How does United Seamens Service Inc spend its money?
United Seamens Service Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to United Seamens Service Inc tax-deductible?
United Seamens Service Inc is registered as a tax-exempt nonprofit (EIN: 135562370). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the United Seamens Service Inc CEO make?
United Seamens Service Inc's highest-compensated officer earns $2 annually. The organization reported $4.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of United Seamens Service Inc's spending goes to programs?
United Seamens Service Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is United Seamens Service Inc located?
United Seamens Service Inc is headquartered in Jersey City, New Jersey and files with the IRS under EIN 135562370.
How many years of IRS 990 filings does United Seamens Service Inc have?
United Seamens Service Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $4.2M in total revenue.
Is United Seamens Service Inc. a good charity?
Based on the available data, United Seamens Service Inc. appears to be a well-managed charity. It consistently reports 0% officer compensation, indicating a strong commitment to its mission. The significant reduction in liabilities from nearly $4 million in 2013 to under $1 million in 2022 also points to improved financial health and responsible stewardship.
How has the organization's financial health changed over the last decade?
The organization's financial health has improved significantly, particularly in liability management. Liabilities decreased from $3,965,100 in 2013 to $951,177 in 2022. While revenues and expenses have remained relatively stable, this reduction in debt strengthens its overall financial position.
What is the trend in revenue and expenses?
Revenue and expenses have generally fluctuated between $2.0 million and $2.6 million over the past decade. In recent years, expenses have sometimes slightly exceeded revenue, such as in 2022 where expenses were $2,085,897 against revenues of $2,034,059, suggesting a tight operating margin.
Filing History
IRS 990 filing history for United Seamens Service Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2022), United Seamens Service Inc's revenue has declined by 26.4%, moving from $2.8M to $2.0M. Total assets decreased by 14.8% over the same period, from $1.5M to $1.3M. Total functional expenses fell by 27.8%, from $2.9M to $2.1M. In its most recent filing year (2022), United Seamens Service Inc reported a deficit of $52K, with expenses exceeding revenue. The organization holds $951K in liabilities against $1.3M in assets (debt-to-asset ratio: 73.5%), resulting in net assets of $343K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $2.0M | $2.1M | $1.3M | $951K | — | View 990 |
| 2021 | $2.1M | $1.9M | $1.4M | $997K | — | View 990 |
| 2020 | $2.3M | $2.1M | $1.3M | $1.1M | — | View 990 |
| 2019 | $2.6M | $2.3M | $1.1M | $1.0M | — | View 990 |
| 2018 | $2.3M | $2.3M | $975K | $3.6M | — | View 990 |
| 2017 | $2.2M | $2.5M | $1.1M | $3.7M | — | View 990 |
| 2016 | $2.3M | $2.5M | $1.3M | $3.7M | — | View 990 |
| 2015 | $2.4M | $2.4M | $1.5M | $3.7M | — | View 990 |
| 2014 | $2.6M | $2.6M | $1.6M | $3.9M | — | View 990 |
| 2013 | $2.6M | $2.5M | $1.7M | $4.0M | — | View 990 |
| 2012 | $2.5M | $2.5M | $1.5M | $4.0M | — | View 990 |
| 2011 | $2.5M | $2.8M | $1.4M | $4.1M | — | View 990 |
| 2010 | $2.8M | $2.9M | $1.5M | $4.0M | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $2.0M, expenses of $2.1M, and assets of $1.3M (revenue -3.6% year-over-year).
- 2021: Revenue of $2.1M, expenses of $1.9M, and assets of $1.4M (revenue -6.6% year-over-year).
- 2020: Revenue of $2.3M, expenses of $2.1M, and assets of $1.3M (revenue -12.0% year-over-year).
- 2019: Revenue of $2.6M, expenses of $2.3M, and assets of $1.1M (revenue +11.1% year-over-year).
- 2018: Revenue of $2.3M, expenses of $2.3M, and assets of $975K (revenue +3.9% year-over-year).
- 2017: Revenue of $2.2M, expenses of $2.5M, and assets of $1.1M (revenue -4.0% year-over-year).
- 2016: Revenue of $2.3M, expenses of $2.5M, and assets of $1.3M (revenue -2.1% year-over-year).
- 2015: Revenue of $2.4M, expenses of $2.4M, and assets of $1.5M (revenue -8.5% year-over-year).
- 2014: Revenue of $2.6M, expenses of $2.6M, and assets of $1.6M (revenue -2.3% year-over-year).
- 2013: Revenue of $2.6M, expenses of $2.5M, and assets of $1.7M (revenue +5.8% year-over-year).
- 2012: Revenue of $2.5M, expenses of $2.5M, and assets of $1.5M (revenue -1.6% year-over-year).
- 2011: Revenue of $2.5M, expenses of $2.8M, and assets of $1.4M (revenue -8.1% year-over-year).
- 2010: Revenue of $2.8M, expenses of $2.9M, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for United Seamens Service Inc:
Data Sources and Methodology
This transparency report for United Seamens Service Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.