Buzzards Sailing School Inc

Analysis

Buzzards Sailing School Inc is a registered charity in United States, based in Pocasset, MA. It received its IRS tax-exemption ruling in October 1996, 30 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Buzzards Sailing School Inc reported income of $152k and spending of $196k, spending 130% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $162k to $152k (-6.4%), an average of -6.4% a year. Over the whole period it spent 118% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Buzzards Sailing School Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 52nd percentile within MA. Charities of a similar size with the same main cause include Indiana State High School Hockey Association Inc ($151k), Morningstar Family Foundation Inc ($152k) and Bayou Region Volleyball Association ($151k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.2% and program service revenue 96% of the total. At year end it held assets of $68k against liabilities of $1,303, net assets of $67k.