Bellport Bay Sailing Foundaton Inc

Analysis

Bellport Bay Sailing Foundaton Inc is a registered charity in United States, based in Bellport, NY. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Bellport Bay Sailing Foundaton Inc reported income of $216k and spending of $154k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $154k to $216k (+41%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 82% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Bellport Bay Sailing Foundaton Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include All Children Cared for Educated Supported & Successful ($216k), Berkeley Heights Youth Soccer Club Inc ($217k) and Cheer Center Booster Club ($216k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.0% and program service revenue 94% of the total. Other salaries and wages came to $110k. At year end it held assets of $381k against liabilities of $22k, net assets of $359k. It reported 19 employees.