Bellingham Bay Community Boatingcenter

Analysis

Bellingham Bay Community Boatingcenter is a registered charity in United States, based in Bellingham, WA. It received its IRS tax-exemption ruling in April 2008, 18 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, Bellingham Bay Community Boatingcenter reported income of $1.3m and spending of $770k, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $259k to $1.3m (+419%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 122%. Over the whole period it spent 66% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bellingham Bay Community Boatingcenter sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within WA. Charities of a similar size with the same main cause include International Jump Rope Union ($1.3m), Culver City Football Club ($1.3m) and Rhode Island Golf Association ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 31% of the total. Other salaries and wages came to $380k. It paid $6,285 in professional fundraising fees. At year end it held assets of $1.2m against liabilities of $12k, net assets of $1.1m. It reported 32 employees.