Association for Rescue at Sea Inc

Analysis

Association for Rescue at Sea Inc is a registered charity in United States, based in Fish Creek, WI. It received its IRS tax-exemption ruling in March 1977, 49 years ago. 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 April 2024, Association for Rescue at Sea Inc reported income of $87k and spending of $76k, spending 87% of its income. Across the 2 years on record, from April 2023 to April 2024, income grew from $79k to $87k (+10%), an average of +10% a year. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Association for Rescue at Sea Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within WI. Charities of a similar size with the same main cause include Greyhound Pets of America ($87k), PTA Florida Congress ($87k) and Parent Booster USA Inc ($87k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $154k against liabilities of $0, net assets of $154k.