Namequoit Sailing Association Inc

Analysis

Namequoit Sailing Association Inc is a registered charity in United States, based in Orleans, MA. It received its IRS tax-exemption ruling in March 2000, 26 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Namequoit Sailing Association Inc reported income of $174k and spending of $202k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $182k to $174k (-4.6%), an average of -4.6% a year. Over the whole period it spent 110% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Namequoit Sailing Association Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within MA. Charities of a similar size with the same main cause include Mattoon Cobra Softball ($174k), Northport Huntington Ice Hockey Club Inc ($174k) and Valparaiso Americans Baseball Inc ($174k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.1% and program service revenue 85% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.