Wild Harbor Sailing Inc

Analysis

Wild Harbor Sailing Inc is a registered charity in United States, based in N Falmouth, MA. It received its IRS tax-exemption ruling in June 2021, 5 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, Wild Harbor Sailing Inc reported income of $187k and spending of $185k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $252k to $187k (-26%), an average of -14% a year. The sharpest change came in the year to December 2022, when income dropped by 41%. Over the whole period it spent 103% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wild Harbor Sailing Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within MA. Charities of a similar size with the same main cause include Eastern Trail Management District ($187k), Cultivate Yoga ($187k) and Siouxland Soccer Foundation ($187k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 16% of the total. At year end it held assets of $160k against liabilities of $0, net assets of $160k.