Atlantic Highlands Sailing Education Program Inc

Analysis

Atlantic Highlands Sailing Education Program Inc is a registered charity in United States, based in Atlantic HLDS, NJ. It received its IRS tax-exemption ruling in May 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Atlantic Highlands Sailing Education Program Inc reported income of $57k and spending of $76k, spending 132% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $177k to $57k (-68%), an average of -68% a year. The sharpest change came in the year to December 2023, when income dropped by 68%. Over the whole period it spent 56% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Atlantic Highlands Sailing Education Program Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 29th percentile within NJ. Charities of a similar size with the same main cause include South Fork Booster Club ($57k), Choir-Parent Booster Club ($57k) and Collins Coalition ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 97% of the total. At year end it held assets of $119k against liabilities of $204, net assets of $119k.