Surfaid International USA

Analysis

Surfaid International USA is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in December 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 March 2023, Surfaid International USA reported income of $254k and spending of $359k, spending 141% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income fell from $265k to $254k (-4.0%), an average of -1.0% a year. The sharpest change came in the year to March 2020, when income rose by 159%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Surfaid International USA sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Greatlife Cares Foundation ($254k), Lubavitch of Monsey Inc ($254k) and Charlotte Athletic Boosters ($254k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 159% of the total. Compensation of current officers, directors and key employees was $105k (29% of expenses). Other salaries and wages came to $18k. At year end it held assets of $264k against liabilities of $46k, net assets of $218k. It reported 2 employees.