Christee Oyster Sloop Preservation Corporation

Analysis

Christee Oyster Sloop Preservation Corporation is a registered charity in United States, based in Oyster Bay, NY. It received its IRS tax-exemption ruling in December 1994, 32 years ago. 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, Christee Oyster Sloop Preservation Corporation reported income of $141k and spending of $237k, spending 168% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $227k to $141k (-38%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 129% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Christee Oyster Sloop Preservation Corporation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Sacred Heart of Jesus Housing Foundation ($141k), North English Community Center Inc ($141k) and Association of Leaders in Volunteer Engagement ($141k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $30k against liabilities of $10k, net assets of $19k.