East Bay Sailing Foundation Inc

Analysis

East Bay Sailing Foundation Inc is a registered charity in United States, based in Bristol, RI. It received its IRS tax-exemption ruling in October 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. 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, East Bay Sailing Foundation Inc reported income of $254k and spending of $231k, spending 91% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $299k to $254k (-15%), an average of -7.8% a year. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, East Bay Sailing Foundation Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 55th percentile within RI. Charities of a similar size with the same main cause include Parent Child Center Inc ($254k), New Hope Community Christian School ($254k) and Morning Dove Therapeutic Riding Inc ($254k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 68% of the total. Other salaries and wages came to $100k. At year end it held assets of $276k against liabilities of $411, net assets of $275k. It reported 26 employees.