Beaches Summertime Cruisin

Analysis

Beaches Summertime Cruisin is a registered charity in United States, based in Vancouver, WA. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Beaches Summertime Cruisin reported income of $182k and spending of $209k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $193k to $182k (-5.7%), an average of -1.5% a year. The sharpest change came in the year to December 2021, when income rose by 141%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Beaches Summertime Cruisin sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 48th percentile within WA. Charities of a similar size with the same main cause include Hester J Hodgdon Libraries for All Program ($182k), Bco Benevolence Fund Inc ($182k) and Monument Hill Foundation ($182k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.